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Old 10-24-2018, 03:08 PM   #19
dmitra
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Here is some interesting info:

In September 2016, Hawtai Group established two new companies, Tianjin Meiya New Energy Automobile Co., Ltd. and Tianjin Meiya Automobile Manufacturing Co., Ltd. in Binhai New Area of Tianjin.

Tianjin Meiya Automobile Manufacturing Co., Ltd. is a 100% subsidiary of Tianjin Meiya New Energy Automobile Co., Ltd., and the latter, in turn, a 100% subsidiary of Hawtai Automobile Group Co., Ltd.

The name Tianjin Meiya Automobile Manufacturing Co., Ltd. is deceptively similar to Tianjin Tianqi Group Meiya Automobile Manufacturing Co., Ltd. ("Tianqi Meiya") which is owned by BENEFO. We did read some years ago about Hawtai taking over Tianqi Meiya assets but later it transpired that it did not happen. So why did Hawtai establish two companies with similar names in Tianjin in late 2016?

See their profiles:
Tianjin Tianqi Group Meiya Automobile Manufacturing Co., Ltd.
Tianjin Meiya New Energy Automobile Co., Ltd.
Tianjin Meiya Automobile Manufacturing Co., Ltd.

Last edited by dmitra; 10-24-2018 at 03:11 PM.
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