The automobile production license of Baoding, Hebei-based China Hengtian Automobile Group Light Vehicle Co., Ltd. has been transferred to its wholly-owned subsidiary China Hengtian Zhijun (Ganzhou) Automobile Co., Ltd.
China Hengtian Zhijun (Ganzhou) Automobile Co., Ltd. and Guoji Zhijun Automotive Co., Ltd. are located at the same address of 6, Xuri Avenue, New Energy Automobile Technology City, Ganzhou Economic and Technological Development Zone, Ganzhou City, Jiangxi, the site of Zedriv's upcoming plant. Guoji Zhijun Automotive Co., Ltd. also has an office in Beijing.
China Hengtian Automobile Group Light Vehicle Co., Ltd. is a wholly owned subsidiary of China Hengtian Automobile Group Co., Ltd., based in Beijing.
China Hengtian Automobile Group Co., Ltd. is 51% owned by Hengtian Heavy Industry Co., Ltd., based in Zhengzhou, Henan.
Hengtian Heavy Industry Co., Ltd. is 58.7% owned by China Hengtian Group Co., Ltd. and 20.6% by China Textile Machinery (Group) Co., Ltd.. China Textile Machinery (Group) Co., Ltd. is, in turn, owned 87.6% by China Hengtian Group.
As we know, National SASAC which used to directly control the Hengtian Group turned management control and the affairs of this group over to Sinomach (a.k.a Guoji) a couple of years ago.