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Zotye Holding Group is located at YongKang City, ZheJiang Province of China, which is famous as the capital of hardware in China and with efficient transportation facilities. Nowadays it has the factory area of 500,000 square meters and more than 3000 employees ,We have the capacity of annual production of 100,000 automobiles, more than 800 auto molds, 250,000 sets for automobile and meter instrument and stamping parts respectively.
The group has the international advanced technology of stamping, welding, painting, and assembling--four process of automobile production line and the inspection dynamic performance line, and the ability of developing and producing auto body and auto body molds as well.
Our group has a strong forward consciousness of advancing technology, We not only bring in the senior engineers and technicians for developing and manufacture at home and aboard, but also the auto technology and instrument worldwide, including IBM RS/6000 workstation, SGI workstation, CATIA software, network cooperated design & manufacture system as well as Italian MCT PLUS big-sized trilinear 3-coordinates measuring instrument, PRIMA five-axis linkage laser cutting tool, 315T-1600T mechanical press assembly line and big-sized NC shell, etc. Complied with TQM, TPM, ISO9000, QS9000 certification and TS16949 standard in all sections of purchasing, manufacture and after-sale service to guarantee stable quality.
The initial Model Zotye2008 auto that launched into market is a small and multi-function sport-utility vehicle, the appearance is moving and vogue, the space inside the car is spatial; the visual field is vast. All these make it convenient to operate, It is equipped with Mitsubishi technique,1.6L,DA4G18 engine, and the excellent design of transmission and suspension system, its sport performance is more outstanding and make your driving more comfortable. Zotye 2008 offers you an interesting driving that the same class auto can not provide you. Meanwhile it satisfies you vogue, young and diversified driving demand. Without doubt, the Zotye 2008 will bring the domestic and aboard consumers a more freely happy driving life.
 

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Re: Zotye Auto

Welcome to CCF Ivy. And thank you for the brief summary of your company, Zotye.

I understand that your company acquired two other automobile companies recently, NewDadi (新大地) of Chengdu, and Jiangnan (江南) of Xiangtan. Can you tell us about the status of these companies, and how Zotye plans to develop them.

We have also heard about the Fiat link and are looking forward to seeing the outcome of that cooperation.

Also could you tell us which logo is now the official Zotye logo? We have seen three logos on your vehicles. Two tracks on a blue background, two inverted tracks on a maroon background, and a double D logo.
I have attached thumbnail photos of them.

Thank you and we look forward to your future posts here at CCF.
 

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Re: Zotye Auto

I wanted to add to draigns question: Is there any chance that any previous models from companies that merged into a company that merged with Zotye could resume, or the vital technologies can be bought for manufacturing overseas? For instance kit vehicles of old models by jiangbei, tongtian, jiangnan can be sold to ompanies overseas for local assembly.

the reason I ask is because I would like to assemble cars in my country Bolivia. Although this is no business website, I have tried before to contact several companies (including Jiangnan) to no avail, so since your on this site I wanted to know if this is possible.
 

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Re: Zotye Auto

Let me say it like this. Like draign said Zotye merged with NewDadi and Jiangnan. I was wondering if some type of settlement could be worked out for the small scale production of former NewDadi, Jiangnan, Tongtian, etc. models (such as NewDadi "Yuandongli",Jiangnan "Chuanqi", Tongtian "Glow" etc.) in my country with a local brand name. I am from a small startup company. We are a small team, but can build automobiles. I await any response.
 

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Re: Zotye Auto

Yes, ZOTYE merged with Jiangnan.But Dadi? I don't think so.....
If you are interested in Jiangnan vehicle, you can viste ZOTYE's website, and get the contact email.
 

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Fiat denies any cooperative relationship with China's Zotye.

June 16, 2008 - Fiat has denied it has any intention to build up cooperative relationship with China's Zotye Holding Group Co, Beijing news reported today.

Paolo Arpellino, chief representative officer of Fiat's Chinese office, said in a clarification statement that "Fiat has no cooperative relationship with Zotye in any case, to say nothing of joint venture partnership."

Citing words from a Zotye official, state-run Xinhua newspaper reports in April that Zotye may set up a joint venture with Fiat if everything goes well.

Zotye just unveiled its own brand models built on technologies from discontinued Fiat models at this year's Beijing Auto Show. The company had bought from Fiat the assembly line and tooling and intellectual property rights for the Lancia Lybra by mid-2007.

Also, Paolo said Fiat is still in talks with Chery but admitted that no major progress has been made so far. Fiat and Chery signed a memorandum of understanding to build a 50:50 passenger vehicle joint venture and an engine supply contract in August 2007, but the talks began to stall in early 2008 when Fiat pulled out of Nanjing Auto.

In the joint venture, Chery and Fiat had plans to locally produce Fiat Linea, Bravo and Grand Punto, but Fiat cannot satisfy Chery's desire for another model - Alfa Romeo.

source: Gasgoo.com
 

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[FONT=隶书]Zotye International was established in January 14 2005. It belongs to Zotye Holding Group and is a foreign trade company with the status of independent legal person, it is a window and special institution for Zotye Holding Group to develop foreign trade, economic & technologic cooperation and technologic introduction.[/FONT]
[FONT=隶书][FONT=隶书]Zotye International[/FONT] has been striving for developing international market,such as North Africa,East Europe,Mid America,etc for many years, it had established sales and after-sale service network in more than 10 countries, it markets and works as a representative for Zotye2008 autos which is produced by the Group. It also markets transportation vehicles like motor cycles, all kinds of auto spare parts and relevant accessories, castings, forgings, and other mechanical and electrical products, at the same time, conducts technological transference, project gender, joint capital cooperative trade, compensate trade, certificate trade, autos and their spare parts bonded trade.[/FONT][FONT=隶书]Zotye International Automobile Trading Co., Ltd shoulders the great responsibility of developing international market.[/FONT]

Source: Zotye Auto Corporation website

 

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xplosion is so nice car .
but in egypt they sold 2007 model as 2008 model i dont know why!!!
i saw the 2008 model on www dot zotye dot com and in other forum here it got the new version pics.
for any more info about xplosion in egypt contact me
[email protected]
 

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Hi everyone.
I do visit this forum from while to while and I always enjoy to read it
I saw the posts about the electric version of the Zotye 2008 selling at the USA and I wonder, is this car meeting with DOT\EEC requirements?

Thank you
 

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Huangshan Jinma Co. Ltd., the listed auto parts maker belonging to the Huangshan Jinma Group, has renamed itself Anhui Zotye Automobile Co., Ltd. after the acquisition of 100% of the shares of Yongkang Zotye Automobile Co., Ltd. The valuation of the purchase was 11.6 billion RMB.

The Huangshan Jinma Group itself is 90% owned by Tech-New Group.

http://www.d1ev.com/52827.html
http://www.sohu.com/a/128352433_372880
 

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Re: New brand TRAUM (Junma)

Anhui Zotye has set up a new company, Chongqing Junma New Energy Automobile Co., Ltd. that will introduce a new brand of electric vehicles, Junma (君马).
Isn't that Zhejiang Zotye?
It appears that Huangshan's taking the majority stake in Zotye, has something to do with the change of the name to Anhui Zotye.
Perhaps former parent Zhejiang Tieniu is out of the picture now.
Last October www.sgi.seleritycorp.com reported: "Huangshan Jinma Co. plans to acquire a 100% stake in Zotye Auto Co. for RMB 11.6 billion ($1.98 billion)".
Could you clarify this for us D Mitra.
 

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Re: New brand TRAUM (Junma)

Lawrence, please refer to this post:

http://www.chinacarforums.com/forum/showpost.php?p=184834

A rough picture of the hierarchy is :

Tech-New => Huangshan Jinma Group => Anhui Zotye => Yongkang Zotye => Zhejiang Zotye Automobile Manufacturing Co., Ltd. => Hunan Jiangnan Automobile Manufacturing Co., Ltd.

Zhejiang Zotye Automobile Manufacturing Co., Ltd. (ZTA) and Hunan Jiangnan Automobile Manufacturing Co., Ltd. (JNJ) are the principal manufacturing arms that operate the plants.

Yongkang Zotye Automobile is the Zotye group managing company responsible for marketing, sales, product development etc. previously executed by an entity called Zotye Holding Group.

Anhui Zotye is the former Huangshan Jinma Co. Ltd., a listed parts maker now owning 100% of Yongkang Zotye.

Of course there are other companies managing different functions/areas of the business and I have not listed them all.
 

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Tieniu Group, Huangshan Jinma Group, and Anhui Zotye

Perhaps former parent Zhejiang Tieniu is out of the picture now ... Could you clarify this for us D Mitra.
Far from it. Okay, so here I have found the latest on the asset reorganization plan:

http://www.cninfo.com.cn/finalpage/2017-06-01/1203576513.PDF

From that and other articles, this is what I understand. To finance the acquisition of Yongkang Zotye, Huangshan Jinma Co. Ltd (now Anhui Zotye) will issue its own shares to all 22 former shareholders of Yongkang Zotye. Additional funds may be raised through the private placement route from 10 specific qualified investors (this is called the "financing package").

Tieniu Group holds 90% of Huangshan Jinma Group Co., Ltd.

Prior to the transaction, Huangshan Jinma Group Co., Ltd. held 19.99% of Huangshan Jinma Co. Ltd (Anhui Zotye) as its largest shareholder. After the above transactions are complete, Tieniu Group (which held 56.83% of Yongkang Zotye just before the acquisition) will end up with 38.78-40.43% of shareholding of Anhui Zotye, depending on whether the "financing package" is availed of or not. The shareholding of Huangshan Jinma Group Co., Ltd. in Anhui Zotye will come down to 5.15-5.77%. The direct and indirect holding of the Tieniu Group in Anhui Zotye will therefore be around 44-46%. Any additional funds raised will be employed towards New Energy Vehicle R&D (hence, Traum).

As stated in the disclosure PDF, "the transaction will not result in a change of control". However, this does explain the name change as Huangshan Jinma Group Co., Ltd. will become a minor shareholder.
 

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Re: New brand TRAUM (Junma)

Thanks D Mitra for sorting it all out for us.
Something I did know was that Huangshan Jinma Auto Parts is not a newcomer in the life of Zotye, having held some stake in the past.

"Huangshan Jinma Co. Ltd (now Anhui Zotye) will issue its own shares to all 22 former shareholders of Yongkang Zotye. "

It's also interesting that SND Ventures (a arm of Suzhou municipality) was reported to have purchased a 30% stake in Zotye for RMB 720 million back in 2009, and I'm guessing that the Huangshan shares issue that you mention above explains the status of that.

www.reuters.com/article/china-zotyeauto-fundraising-idUSHKG30709220090505
 
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