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Old 05-23-2019, 01:21 PM   #31
dmitra
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Default Renault-JMEV

According to Jiangxi provincial govt., Renault has signed an agreement to invest 1 bn RMB in JMEV. Earlier in February, the Ministry of Commerce announced that Renault had made an application to acquire 50% of Jiangxi Jiangling Group New Energy Automobile Co., Ltd. and that the latter will become a Sino-Foreign joint venture. It is not known if any of the current owners is selling a portion of its holdings or if this will be freshly issued capital.

http://www.sohu.com/a/315952288_114988
https://aikahao.xcar.com.cn/item/54240.html

http://images.mofcom.gov.cn/fldj/201...2165940603.pdf

Last edited by dmitra; 05-23-2019 at 03:18 PM. Reason: typo
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Old 07-18-2019, 07:28 AM   #32
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Renault becomes largest shareholder by formally acquiring 50% of JMEV* with an investment of 1 billion RMB (128.5 million euros). The stakes of Jiangling Motor Group Co. and China Agricultural Development Key Construction Fund^ are reduced to 37% and 13% respectively (down from 59% and 41%).

Nanchang ETDZ SASAC, i.e. the local administration, which used to hold a small stake in JMEV, exited the company in January 2019.

https://m.nbd.com.cn/articles/2019-07-17/1354863.html
http://biz.jrj.com.cn/2019/07/18012927854339.shtml

___________________________________
*officially JMEV becomes a joint venture
^an intermediary of Agricultural Development Bank of China

Last edited by dmitra; 07-18-2019 at 07:31 AM.
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Old 04-20-2020, 03:43 AM   #33
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E200L:
https://car.autohome.com.cn/pic/seri...areaid=2042220
https://car.autohome.com.cn/pic/series/4149.html




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