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Discussion Starter · #21 · (Edited)

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Has Mitsubishi increased its stake in CMC (China Mortor Corporation)? In 2008 it owned 25% of the Yulon subsidiary. There were reports of them taking a larger stake in 2011.

As for the technology, it really looks dated when compared with what is being produced outside of Fujian Province.
 

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CMC and Yulon shareholding

China Motor Corporation and Yulon Motor Co., Ltd. are both listed entities.

Shareholding of China Motor Corporation:




Shareholding of Yulon Motor Co., Ltd.:



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Tai-Yuen Textile Co., Ltd. is an old, prominent textile firm of the Yulon Group (Yen family). Note cross-holdings between China Motor Corporation and Yulon Motor Co., Ltd.

Kenneth Yen, the group owner, passed away in December 2018. Now the textiles-to-autos-to-real estate group is headed by his spouse, Li-Lien Chen Yen.

Source: 2018 Annual Reports
 

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