Jiangling Automobile Co., Ltd. (000550)

Jiangling Automobile Co., Ltd. (000550)

Jiangling Automobile Co., Ltd. (hereinafter referred to as "Jiangling Automobile") is a national high-tech enterprise, national innovative pilot enterprise, national recognized enterprise technology center, national intellectual property demonstration enterprise, and "national vehicle export base".

Jiangling Automobile is a strong force in China's automobile industry with commercial vehicles as its core competitiveness, and has expanded to SUV, MPV and other fields. In the mid-1980s, Jiangling Automobile took the lead in introducing international advanced technology to manufacture light trucks in China, becoming a major light truck manufacturer in China. In November 1993, the company successfully issued a shares in Shenzhen Stock Exchange, becoming the first listed company in Jiangxi Province. In 1995, the company was the first foreign strategic partner in China to issue B shares by ADRs. Ford Motor Company (hereinafter referred to as "Ford") now holds 32% of the shares of the company.

Jiangling Automobile has complete vehicle production bases such as Qingyunpu factory, Xiaolan factory and Taiyuan Heavy Truck Factory, covering advanced manufacturing processes of punching, welding, coating, general assembly, diesel and gasoline engines. Fushan new energy automobile base officially started at the end of 2017. Jiangling Automobile production base has built a smart manufacturing center with highly intelligent and flexible production lines, and has been rated as a demonstration enterprise of integration of industrialization and industrialization in Jiangxi Province. With the help of Ford's global platform, Jiangling has gradually formed the core competitiveness of independent R & D, established an independent R & D system, constructed an advanced global digital design platform, and developed design and new product release simultaneously with Ford. It is the national industrial design center and the first batch of enterprises that have passed the national enterprise intellectual property system certification, Yusheng SUV and light truck Kairui 800, which are independently developed, won the China exterior design excellence award, and Kairui 800 also won the first prize of "China automobile industry science and Technology Award".

Jiangling Automobile has a forward-looking layout, closely follows the development pace of the automobile industry, seizes new heights in the field of R & D, and plans and gradually implements new automobile technologies such as Internet of vehicles, new energy and automatic driving. Jiangling motor speeds up transformation and upgrading to achieve innovative development: new energy is planned for its full range of products. So far, it has launched new energy products such as light truck Kairui EV, Yuhu EV, teshun EV and Ford Lingjie ev; Jiangling Automobile takes the lead in carrying Beidou enterprises in China's commercial vehicles; Launch L4 level automatic driving products.

Jiangling Motor always adheres to the dual brand strategy: JMC brand and Ford brand fly together. Ford brands include Quanshun series products, Ford MPV toreo, Ford SUV road shaker. Ford and Jiangling jointly launched a new medium-sized SUV, Ford leader, Ford leader s; JMC brands include light truck (Kairui series, Kaiyun series and Shunda Series), pickup (xinbaodian, Yuhu 7, Yuhu 9), light truck teshun, Jiangling heavy truck Weilong, Yusheng SUV, etc. As the largest ambulance enterprise in China, Jiangling Automobile has more than 60% of the ambulance market share. During the anti epidemic period, Jiangling Ford Quanshun ambulance became the first vehicle of the war epidemic and the first batch of negative pressure ambulances delivered in China. Jiangling Motor, with its advanced technology, cutting-edge health concept and high-quality customer service, has rapidly launched more than 10 kinds of "big health" product series, including Quanshun traditional Chinese medicine vehicle, isolation transfer vehicle, vaccine cold chain vehicle, physical examination medical vehicle, medical waste transfer vehicle, disinfection and epidemic prevention vehicle, etc., contributing to the national big health.

Jiangling Motor will give full play to its own advantages and further increase in-depth cooperation with Ford in the field of new products. The company takes the lead in establishing a modern marketing system in China's automobile market. According to the "four in one" franchise mode of sales, accessories, service and information, the company currently has more than 400 first-class dealers, with a total number of more than 1000 dealers. Jiangling Automobile is a major exporter of light diesel commercial vehicles in China, and has been recognized as the "national vehicle export base" by the Ministry of Commerce and the national development and Reform Commission. Jiangling Automobile brand is also one of the two commercial vehicle export brands supported by the Ministry of Commerce.

As an early foreign-invested enterprise in Jiangxi Province, Jiangling Motor has absorbed the world's cutting-edge product technology, manufacturing process and management concept. With reasonable equity balance mechanism, efficient and transparent operation and high-level operation and management, Jiangling Motor has formed a standardized management and operation system, and has won the provincial governor's quality award of Jiangxi Province, the shortlisted award of national quality award, the national quality award of Jiangxi Province National enterprise environmental protection achievement award, etc.

Jiangling auto has consciously taken social responsibility and built the brand "Jiangling Xiqiao project" for public welfare with the public welfare purpose of "green, care and safety". Up to now, 412 convenient bridges have been built in 25 provinces in China, benefiting 600000 villagers, and won the "China Poverty Alleviation ambassador", "responsible China public welfare partner" and "China corporate social responsibility Excellence Award".

Jiangling people will move forward with a broader development vision and reputation, integrate the core values of "integrity, dedication, innovation and cooperation" into the blood of enterprise development, firmly adhere to the strategic direction of "becoming the industry leader of light commercial vehicles and the supplier of Ford's high cost-effective products", face the new challenges in the field of new automobile technology, and march towards a broader future.

>> tungsten carbide rings silver