www.chinatrucks.com: Purchase of
JAC Anchi and Yangzhou JAC: In the announcement released by the board on October 12, JAC has purchased 100% equity of JAC Anchi and 67% of Yangzhou JAC. Besides passenger vehicle and SPV, the entire full vehicle asset is under control of JAC.
A systematic planning: JAC was only a producer of passenger vehicle chassis and vehicle parts when it is listed in 2001. After 10 years’ development, JAC has transformed into the most vigorous comprehensive vehicle manufacturer with the widest product spectrum by taking the opportunity of the booming development in the Chinese vehicle industry.
Unique management: Due to reasons of all aspects, JAC has become a comprehensive vehicle manufacturer with the widest product spectrum. Taking in the experience of KYOCERA and Haier, JAC has created a management mode, MCU management that adapts to the diversification of products.
Steady growing potential: Since 2013, all the products of JAC will begin to make profit. More importantly, JAC will continue to innovate in all products, which has been the potential of growth for JAC. The long term growth in value of JAC will come as a natural result.
Appropriate investment timing: The completion of industry planning and management adjustment, the decline of share price and the expected business environment are the factors that will contribute to the investment timing.
Risks in investment:
1) Ongoing downturn in macro economy;
2) Fierce competition among vehicle companies;
3) Major failures in company management.
Source : www.chinatrucks.com
Editor : Daniel
Views : 5671
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JAC Purchase Growth Planning