A24 公告 2020年5月26日 星期二 Hong Kong Commercial Daily

Total Page:16

File Type:pdf, Size:1020Kb

A24 公告 2020年5月26日 星期二 Hong Kong Commercial Daily A24 公告 2020年5月26日 星期二 Hong Kong Commercial Daily http://www.hkcd.com Share’s code: 000550 Share’s Name: Jiangling Motors No.: 2020—018 Management from Jilin University of Technology and a MBA, a Doctor’s a practicing attorney at Ruder, Ware and Michler Law Firm, U.S.A., counsel Director (or Supervisor) candidates. 200550 Jiangling B Degree in Political Economy from Jilin University, and is Head and Academic of Asia Pacific Region, Chrysler Corporation, U.S.A., counsel of Mergers The Independent Director candidates can be voted at the shareholders’ Director of School of Automotive Engineering of Tsinghua University, and Acquisitions Group and Northeast Asia Operations, Daimler-Chrysler meeting only after the Shenzhen Stock Exchange does not raise any Jiangling Motors Corporation, Ltd. Independent Director of JMC, and Independent Director of Chongqing A.G., Germany, an International Counsel in the Office of General Counsel, objection to qualification and independence of the Independent Director Public Announcement on Beer Co., Ltd. Mr. Li Xianjun has held various positions including Planner Ford Motor Company, Vice President & General Counsel of Ford Motor candidates. of Engine Plant of FAW, Secretary of General Manager of Jilin Province (China), Ltd., Vice President & General Counsel of Asia Pacific of Ford Motor In addition, the Independent Directors will report their performance in 2019 Resolutions of the Board of Agricultural Machine Corporation, General Manager of Planning Department Company. Mr. Alvin Qing Liu does not hold any share of the Company, is not at the 2019 Annual Shareholders’ Meeting. Please refer to the website http:// of Jinlin Province Feed Company, Lecturer of School of Business of the main responsibility for dishonesty or dishonesty disciplinary object, and in www.cninfo.com.cn for the Report. Directors Jilin University, and Independent Director of Tianjin FAW Xiali Co., Ltd. the recently three years, has not ever received any administrative penalties III. Proposal Code Jiangling Motors Corporation, Ltd. and its Board members undertake that the Mr. Li Xianjun does not hold any share of the Company, is not the main for violation of the applicable securities laws, regulations or rules. Mr. Alvin information disclosed herein is truthful, accurate and complete and does not Remark responsibility for dishonesty or dishonesty disciplinary object, and in the Qing Liu complies with the relevant required qualifications stipulated in the Code Items Voting to the columns contain any false statement, misrepresentation or major omission. recently three years, has not ever received any administrative penalties for Company Law of PRC and other applicable laws, regulations or rules. In marked with “√” I. Informing of the Meeting Total proposals: all the proposals except the proposals adopting violation of the applicable securities laws, regulations or rules. Mr. Li Xianjun addition to the above mentioned employment in shareholder units, Mr. Alvin 100 √ The Board of Directors of Jiangling Motors Corporation, Ltd. (hereinafter accumulative voting complies with the relevant required qualifications stipulated in the Company Qing Liu has no relationship with other shareholders holding more than 5% referred to as “JMC” or the “Company”) sent out relevant proposals of the Proposals not adopting accumulative voting: Law of PRC and other applicable laws, regulations or rules. Mr. Li Xianjun of the shares of the Company, actual controllers, other directors, supervisors Board meeting to all the directors on May 15, 2020. 1.00 2019 Work Report of the Board of Directors of JMC √ has no relationship with shareholders holding more than 5% of the shares and senior management personnel of the Company. II. Time, Place & Form of Holding the Meeting 2.00 2019 Work Report of the Supervisory Board of JMC √ of the Company, actual controllers, other directors, supervisors and senior Mr. Zhang Jian, born in 1969, holds a College Degree in Secretarial 3.00 2019 Financial Statements of JMC √ The Board meeting was held in form of paper meeting from May 15 to May management personnel of the Company. Professional from North China University of Technology, and is Chairman of 4.00 Proposal on JMC Profit Distribution for Year 2019 √ 25, 2020. The procedure of convening and holding the meeting complied with Proposal on the Y2020 Routine Related Party Transaction Framework Mr. Chen Jiangfeng, born in 1979, holds a Bachelor’s Degree and Master’s JMCG Labor Union, Chairman of Supervisor Board of Nanchang Jiangling 5.00 √ the stipulation of the relevant laws, regulations and the Articles of Association with JMCG Finance Company Degree in Law from International Law Department, Foreign Affairs College, Investment Co., Ltd., and a Supervisor of JMC, Chairman of Supervisory of JMC. Proposal on the Y2020 Routine Related Party Transaction Framework and is Senior Deputy General Counsel & Executive Director of Gilead Board of Jiangling Motor Holdings Co., Ltd., Supervisor of JMCG New Energy 6.00 √ III. Status of the Directors Attending the Meeting with Jiangling Motor Group Co., Ltd. and its subsidiaries (Shanghai) Pharmaceutical Technology Co., Ltd. Mr. Chen Jiangfeng has held Automobile Co. Ltd., Supervisor of Jiangxi Jiangling Special Purpose Vehicle Proposal on the Y2020 Routine Related Party Transaction Framework Nine Directors shall attend this Board meeting and nine directors were 7.00 √ various positions including Legal Counsel of Ford Motor (China) Ltd., Legal Co., Ltd., Supervisor of Jiangxi JMCG Specialty Vehicles Co., Ltd., Chief with Jiangxi Jiangling Motors Imp. & Exp. Co., Ltd. and its subsidiaries present. Proposal on the Y2020 Routine Related Party Transaction Framework Counsel of Ford Motor Research & Engineering (Nanjing) Co., Ltd./ Changan supervisor of Nanchang Gear Co., Ltd., Chairman of Supervisory Board of 8.00 √ IV. Resolutions with Ford Motor Company and its subsidiaries Ford Mazda Automobile Corporation, Ltd., Nanjing Company/Changan Ford JMCG Finance Co., Ltd., Supervisor of Jiangxi Lingrui Renewable Resources The directors present at the meeting approved the following resolutions Proposal on the Y2020 Routine Related Party Transaction Framework Mazda Engine Company, Ltd., Senior Legal Counsel & Compliance Officer of Development Co., Ltd., Supervisor of Jiangxi Jiangling Real Estate Co.,Ltd., 9.00 √ based on their discussion: with Nanchang Baojiang Steel Processing Distribution Co., Ltd. Ford Asia Pacific & Africa, Senior Legal Counsel of BMW China Automotive Chief supervisor of Jiangxi Jiangling Motors Imp. & Exp. Co., Ltd., Chairman Proposal on the Y2020 Routine Related Party Transaction Framework 1. The Board of Directors agreed JMC Year 2020-2022 Shareholder Return 10.00 √ Trading Ltd., and Member of China Country Council, Head of legal, Director, of Supervisory Board of Jiangxi Yizhizhixing Automobile Operation Service with Nanchang Jiangling HuaXiang Auto Components Co., Ltd. Plan, and to submit it to the Shareholders’ Meeting for approval. Proposal on the Y2020 Routine Related Party Transaction Framework Merck Healthcare China. Mr. Chen Jiangfeng does not hold any share of Co., Ltd.. Mr. Zhang Jian held various positions including Deputy Chief and 11.00 √ There were 9 votes in favor of this proposal, 0 vote against, and 0 abstention. with GETRAG (Jiangxi) Transmission Company the Company, is not the main responsibility for dishonesty or dishonesty Chief of Political Affairs Department under JMC Engine Plant, Chairman The aforesaid Shareholder Return Plan was published in the website www. Proposal on the Y2020 Routine Related Party Transaction Framework disciplinary object, and in the recently three years, has not ever received Secretary and Office Deputy Director of JMC, JMCG Office Director, Director 12.00 √ cninfo.com.cn. with Nanchang Faurecia Emissions Control Technologies Co., Ltd. any administrative penalties for violation of the applicable securities laws, of JMCG Communist Party Office, Chief of Publicity Department and Proposal on the Y2020 Routine Related Party Transaction Framework 2. Given the three-year term of the Ninth Board of Directors of JMC will soon 13.00 √ regulations or rules. Mr. Chen Jiangfeng complies with the relevant required Assistant to General Manger of JMCG, and Senior Vice Chairman of JMCG with Jiangxi Jiangling Lear Interior System Co., Ltd. expire pursuant to the provision of the Articles of Association of JMC, the qualifications stipulated in the Company Law of PRC and other applicable Labor Union. Mr. Zhang Jian holds the Company shares of 40 shares, is 14.00 JMC Year 2020-2022 Shareholder Return Plan √ Board of Directors approved submitting to the Shareholders’ Meeting the Proposal on Amendment to the Articles of Association of JMC (Year laws, regulations or rules. Mr. Chen Jiangfeng has no relationship with not the main responsibility for dishonesty or dishonesty disciplinary object, 15.00 √ nominations of the following personnel as candidates for the new Board of 2020) shareholders holding more than 5% of the shares of the Company, actual and in the recently three years, has not ever received any administrative Directors: Proposals adopting accumulative voting: controllers, other directors, supervisors and senior management personnel of penalties for violation of the applicable securities laws, regulations or rules. Election of Directors for the Tenth Board of Directors of JMC Number of people to Nanchang Jiangling Investment Co., Ltd. nominated Mr. Qiu Tiangao, Mr. 16.00 the Company.
Recommended publications
  • Poland Regional Cities-Comfort-Vehicle-List
    Make Model Year Oldsmobile 19 Oldsmobile Alero Oldsmobile Aurora Oldsmobile Bravada Oldsmobile Cutlass Supreme Oldsmobile Intrigue Oldsmobile Silhouette Dodge Attitude Dodge Avenger 2013 Dodge Caliber Dodge Caravan 2015 Dodge Challenger Dodge Charger 2013 Dodge Dakota Dodge Dart 2015 Dodge Durango 2013 Dodge Grand Caravan 2015 Dodge Intrepid Dodge JCUV Dodge Journey 2013 Dodge Magnum 2013 Dodge Neon 2015 Dodge Nitro 2013 Dodge Ram 1500 Dodge Ram 2500 Dodge Ram 3500 Dodge Ram 4500 Dodge Ram 700 Dodge Ram Van 2015 Dodge Sprinter Dodge Stratus 2015 Dodge Stretch Limo Dodge Viper Dodge Vision Dodge i10 Land Rover Defender 2013 Land Rover Discovery 2013 Land Rover Freelander 2013 Land Rover Freelander 2 Land Rover LR2 Land Rover LR3 Land Rover LR4 Land Rover Range Rover 2013 Land Rover Range Rover Evoque 2013 Land Rover Range Rover Sport 2013 Land Rover Range Rover Velar 2013 Land Rover Range Rover Vogue 2013 Chevrolet Agile Chevrolet Astra 2015 Chevrolet Astro Chevrolet Avalanche 2013 Chevrolet Aveo Chevrolet Aveo5 Chevrolet Beat Chevrolet Blazer Chevrolet Bolt Chevrolet CMV Chevrolet Camaro Chevrolet Caprice Chevrolet Captiva 2013 Chevrolet Cavalier Chevrolet Celta Chevrolet Chevy Chevrolet City Express Chevrolet Classic Chevrolet Cobalt 2015 Chevrolet Colorado Chevrolet Corsa Chevrolet Corsa Sedan Chevrolet Corsa Wagon Chevrolet Corvette Chevrolet Corvette ZR1 Chevrolet Cruze 2015 Chevrolet Cruze Sport6 Chevrolet Dmax Chevrolet Enjoy Chevrolet Epica 2013 Chevrolet Equinox 2013 Chevrolet Esteem Chevrolet Evanda 2013 Chevrolet Exclusive Chevrolet
    [Show full text]
  • Zhengzhou Coal Mining Machinery Group Company Limited 鄭州煤礦
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant, independent adviser or other professional adviser. If you have sold or otherwise transferred all your shares in Zhengzhou Coal Mining Machinery Group Company Limited, you should at once hand this circular and the enclosed form of proxy and reply slip to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. This circular is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company. Zhengzhou Coal Mining Machinery Group Company Limited 鄭州煤礦機械集團股份有限公司 (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 00564) VERY SUBSTANTIAL ACQUISITION AND CONNECTED TRANSACTION REPORT OF THE BOARD FOR THE YEAR 2015 REPORT OF THE BOARD OF SUPERVISORS FOR THE YEAR
    [Show full text]
  • State of Automotive Technology in PR China - 2014
    Lanza, G. (Editor) Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Shanghai Lanza, G. (Editor); Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Institute of Production Science (wbk) Karlsruhe Institute of Technology (KIT) Global Advanced Manufacturing Institute (GAMI) Leading Edge Cluster Electric Mobility South-West Contents Foreword 4 Core Findings and Implications 5 1. Initial Situation and Ambition 6 Map of China 2. Current State of the Chinese Automotive Industry 8 2.1 Current State of the Chinese Automotive Market 8 2.2 Differences between Global and Local Players 14 2.3 An Overview of the Current Status of Joint Ventures 24 2.4 Production Methods 32 3. Research Capacities in China 40 4. Development Focus Areas of the Automotive Sector 50 4.1 Comfort and Safety 50 4.1.1 Advanced Driver Assistance Systems 53 4.1.2 Connectivity and Intermodality 57 4.2 Sustainability 60 4.2.1 Development of Alternative Drives 61 4.2.2 Development of New Lightweight Materials 64 5. Geographical Structure 68 5.1 Industrial Cluster 68 5.2 Geographical Development 73 6. Summary 76 List of References 78 List of Figures 93 List of Abbreviations 94 Edition Notice 96 2 3 Foreword Core Findings and Implications . China’s market plays a decisive role in the . A Chinese lean culture is still in the initial future of the automotive industry. China rose to stage; therefore further extensive training and become the largest automobile manufacturer education opportunities are indispensable.
    [Show full text]
  • Call for Papers the Competition for the Practical Application of ICV Has Already Started in the Global Automotive Industry
    Call for papers www.cicv.org.cn The competition for the practical application of ICV has already started in the global automotive industry. A sound environment for ICV are taking into shape, as China is embracing a clear trend of multi-industrial coordination and innovation and taking planned steps to make top-level policies and standards. As a national strategy, the development of ICV helps to create opportunities for cross-industrial innovation. In order to promote the development of ICV in China and build a world-class platform for technology exchange, China SAE, Tsinghua University Suzhou Automotive Research Institute and China Intelligent and Connected Vehicles (Beijing) Research Institute Co. Ltd jointly initiated an annual congress “International Congress of Intelligent and Connected Vehicles Technology (CICV)”. It is a world-class technology exchange platform for automotive, IT/Internet, communications and transportation industry. At the same time, as an important sign for policies, leading technologies showcases, and industry integration accelerator, CICV serves as a platform for communication and exchange between enterprises, universities and industrial research institutes and provide references for them. The 6th International Congress of Intelligent and Connected Vehicles Technology (CICV 2019) is to be held in June, 2019. Focusing on ADAS and key technologies of automated driving as well as ICV policies and regulations, CICV 2019 will invite about 80 experts and technical leaders to share new technology results and ideas on hot topics including Environment Perception and, Development and Testing, V2X, AI, Cyber Security, HD Map, Intelligent and Connected Transportation, Co-pilot and HMI. The concurrent activities including technical exhibition, promotional tours for innovative technologies and entrepreneurship programs.
    [Show full text]
  • China Light Vehicle Sales Update
    December 2018 China Light Vehicle Sales Update Will the Current Boom in China’s NEV Market Stand the Test of Time? China’s Passenger Vehicle (PV) sales in November fell by 15.7% year-on-year (YoY) to 2.24 mn units, while the Light Commercial Vehicle (LCV) sector increased by 5.1% YoY. This led to an overall decline in the Light Vehicle (LV) market of 13.7% YoY, on total sales of 2.54 mn units. PV production fell by 20.1% in the month, dragging year-to-date (YTD) growth down to -3.2%. Total LV output amounted to 24.04 mn units in the year to November, a decline of 2.6% YoY. The seasonally adjusted annualized rate (SAAR) of LV sales in November was 25.3 mn units, a 3.3% drop from October, the seventh consecutive month of month-on-month (MoM) decline, and a clear indication of an extended market downturn. The CADA dealer inventory index stood at 1.92 months at the end of November, 50% up compared with the same month last year, and 2% up on October. The rate was still above the warning level of 1.5 months and much higher than the levels recorded in the month of November over the last six years. The considerable pressure exerted by such inflated inventories on OEMs will continue to impact wholesales in December 2018 and into the first quarter of 2019. The decline in the PV market in November came as little surprise, given the elevated base set in the same month of 2017.
    [Show full text]
  • China's Risky Drive Into New-Energy Vehicles
    NOVEMBER 2018 China’s Risky Drive into New-Energy Vehicles AUTHOR Scott Kennedy A joint project of the CSIS FREEMAN CHAIR IN CHINA STUDIES and the CSIS TECHNOLOGY POLICY PROGRAM China Innovation Policy Series NOVEMBER 2018 China’s Risky Drive into New-Energy Vehicles AUTHOR Scott Kennedy A joint project of the CSIS Freeman Chair in China Studies and the CSIS Technology Policy Program About CSIS For over 50 years, the Center for Strategic and International Studies (CSIS) has worked to develop solutions to the world’s greatest policy challenges. Today, CSIS scholars are providing strategic insights and bipartisan policy solutions to help decisionmakers chart a course toward a better world. CSIS is a nonprofit organization headquartered in Washington, D.C. The Center’s 220 full-time staff and large network of affiliated scholars conduct research and analysis and develop policy initiatives that look into the future and anticipate change. Founded at the height of the Cold War by David M. Abshire and Admiral Arleigh Burke, CSIS was dedicated to finding ways to sustain American prominence and prosperity as a force for good in the world. Since 1962, CSIS has become one of the world’s preeminent international institutions focused on defense and security; regional stability; and transnational challenges ranging from energy and climate to global health and economic integration. Thomas J. Pritzker was named chairman of the CSIS Board of Trustees in November 2015. Former U.S. deputy secretary of defense John J. Hamre has served as the Center’s president and chief executive officer since 2000. CSIS does not take specific policy positions; accordingly, all views expressed herein should be understood to be solely those of the author(s).
    [Show full text]
  • Emerging Markets Core Equity Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings Are Subject to Change
    Emerging Markets Core Equity Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. Your use of this website signifies that you agree to follow and be bound by the terms
    [Show full text]
  • China Annex VI
    Annex I. Relations Between Foreign and Chinese Automobile Manufacturers Annex II. Brands Produced by the Main Chinese Manufacturers Annex III. SWOT Analysis of Each of the Ten Main Players Annex IV. Overview of the Location of the Production Centers/Offices of the Main Chinese Players Annex V. Overview of the Main Auto Export/Import Ports in China Annex VI. An Atlas of Pollution: The World in Carbon Dioxide Emissions Annex VII. Green Energy Vehicles Annex VIII. Further Analysis in the EV vehicles Annex IX. Shifts Towards E-mobility Annex I. Relations Between Foreign and Chinese Automobile Manufacturers. 100% FIAT 50% Mitsubishi Guangzhou IVECO 50% Beijing Motors 50% Hyundai 50% GAC Guangzhou FIAT GAC VOLVO 91.94% Mitsubishi 50% 50% 50% 50% 50% (AB Group) Guangzhou BBAC 50% Hino Hino Dongfeng DCD Yuan Beiqi 50% 50% NAVECO Invest Dongfeng NAC Yuejin 50% Cumins Wuyang 50% Guangzhou GAC Motor Honda 50% Yuejin Beiqi Foton Toyota 50% Cumins DET 50% 55.6% 10% 20% 50% Beiqi DYK 100% Guangzhou Group Motors 50% 70% Daimler Toyota 30% 25% 50% 65% Yanfeng SDS shanghai 4.25% 100% 49% Engine Honda sunwin bus 65% 25% visteon Holdings Auto 50% (China) UAES NAC Guangzhou 50% Beilu Beijing 34% Denway Automotive 50% Foton 51% 39% motorl Guangzhou 50% Shanghai Beiqi Foton Daimler 100% 30% 50% VW BAIC Honda Kolben 50% 90% Zhonglong 50% Transmission 50% DCVC schmitt Daimler Invest 100% 10% Guangzhou piston 49% DFM 53% Invest Guangzhou Isuzu Bus 100% Denway Beiqi 33.3% Bus GTE GTMC Manafacture xingfu motor 50% 20% SAIC SALES 100% 20% 100% 100% DFMC 100% Shanghai
    [Show full text]
  • Nigerian Automotive Assembly Plants Capacities, Dealers
    NIGERIAN AUTOMOTIVE ASSEMBLY PLANTS CAPACITIES, DEALERS PRODUCT/ S/N COMPANY NAME OFFICE ADDRESS FACTORY ADDRESS BRAND Plot W/L Ind.Layout Emene, P.O Pick ups, buses, SUVs, No2,Innoson Industrial Estate,Akwa-Uru,Nnewi,Anambar Innoson Vehicle refuse disposal trucks, 1 Box 1570,Enugu,Enugu State. Manufacturing Co. Ltd. ambulance etc/IVM Plot 18,Airport Road,Industrial Trucks and Emene Industrial Layout,P.M.B 2523,Enugu 2 ANAMMCO Layout,Emene,Enugu. buses/Mercedez, Yutong buses 78, Onilewura street, off Segun Truck and tanker bodies, 8,Lisabi Street,Apapa,Lagos,Lagos. Iron Products Industries 3 Iretin Street, Ikotun, Lagos. buses./ Tata Ltd. (IPI) (negotiation) plot 13/18 Raji Alabi Layout wofun Truck and buses/ FAW Km 8,Layland Industrial Estate. 4 Leyland Busan Motors Ltd. olodo Iwo Road Ibadan. plot 225,Moshood Abiola Way. Pick-ups, trucks, buses, Km 11, Zaria Road,Na,ibawa,Kano. SUVs, agricultural 5 National Trucks Manufacturers tractors etc./ Sino trucks Plot 1144,Mal,Kulbi Road,Kakuri Cars and Plot 1144,Mal,kilbi Road,kakuri Industria Estate P.M.B 2266,Kaduna. Industrial Estate P.M.B 2266,Kaduna. buses/Peuguot. 6 PAN Nig.Ltd 54,Balarabe Musa Crescent,off Armoured vans and Ode-Remo,Ogun State. 7 Proforce Ltd. Samuel Manuwa Road Victoria buses/ Proforce Island,Lagos 157,Apapa/Oshodi Trucks and buses/MAN 157,Apapa/oshodi,Expressway,Isolo,Oshodi. 8 Scoa Nigeria Plc. Expressway,Isolo,P.O.Box 2318,Lagos. 5 Alh.Akinwunmi St,Mushin,Lagos. Trucks,buses,motorcycle Industrial Estate,P.M.B 0135,Bauchi. 9 Steyr Nigeria Ltd s,tractors/steyr Plot 1, Block A, Gbagada Industrial Cars,SUVs,mini- Plot 1,Block A, Gbagada Industrial Estate,Lagos Stallion Nissan Motors Nigeria 10 Estate,Lagos buses,pick-ups/Nissan Ltd 270A, Ajose Adeogun Trucks,buses/Ashok 270A, Ajose Adeogun Street,Victoria Island,Lagos 11 Stallion Motors Ltd Street,Victoria Island,Lagos.
    [Show full text]
  • Jiangling Motors Corporation, Ltd. 2016 Annual Report
    Jiangling Motors Corporation, Ltd. 2016 Annual Report Chapter I Important Notes, Contents and Abbreviations Important Note The Board of Directors and its members, the Supervisory Board and its members, and the senior executives are jointly and severally liable for the truthfulness, accuracy and completeness of the information disclosed in the report and confirm that the information disclosed herein does not contain any false statement, misrepresentation or major omission. Chairman Qiu Tiangao, CFO Gong Yuanyuan and Chief of Finance Department, Ding Ni, confirm that the Financial Statements in this Annual Report are truthful and complete. All Directors were present at the Board meeting to review this Annual Report. The prospective description regarding future business plan and development strategy in this report does not constitute virtual commitment. The investors shall pay attention to the risk. All financial data in this report are prepared under International Financial Reporting Standards (‘IFRS’) unless otherwise specified. The Annual Report is prepared in Chinese and English. In case of discrepancy, the Chinese version will prevail. The year 2016 profit distribution proposal approved by the Board of Directors is as follows: A cash dividend of RMB 6.1 (including tax) will be distributed for every 10 shares held based on the total share capital of 863,214,000 shares, and there is no stock dividend. The Board decided not to convert capital reserve to share capital this time. 1 Contents Chapter I Important Notes, Contents and Abbreviations ............................... 1 Chapter II Brief Introduction and Operating Highlight .................................... 3 Chapter III Operating Overview ...................................................................... 5 Chapter IV Management Discussion and Analysis .......................................... 6 Chapter V Major Events ..............................................................................
    [Show full text]
  • China Light Vehicle Sales Update
    May 2018 China Light Vehicle Sales Update Impact of Import Duty Cut on Chinese Vehicle Market China’s Passenger Vehicle (PV) sales in April 2018 rose by 11.6% year‐on‐year (YoY) to 1.96 mn units. The Light Commercial Vehicle (LCV) sector grew by 2.5% YoY, pushing the overall Light Vehicle (LV) market up by 10.4% YoY, on total sales of 2.25 mn units in the month. While LV production increased by 12% in April, in year-to-date (YTD) terms, output grew by just 1.1% as the poor Q1 performance impacted the overall result. The seasonally adjusted annualized rate (SAAR) of LV sales in April was 30.7 mn units, 6% up on March. Wholesales surged in April, but resulted from dealerships restocking their inventories, after a sluggish Q1. The Chinese government announced on 22 May that the customs duty for CBUs will be reduced from 25% or 20% to 15% from 1 July this year, and that the duty for auto parts will be cut simultaneously to 6%. This adjustment means that Passenger Vehicles (PVs) will be taxed at 15% from July, instead of the current 25%, leaving the industry wondering how the overall PV market be impacted. The key question is whether the tax cut will stimulate demand for imported vehicles, to the detriment of locally produced models. If we turn our attention to the insurance data, it becomes obvious that imports are essentially a niche market in China. Around 1.13 mn imported vehicles were registered in 2017, accounting for just 4.7% of the overall PV market.
    [Show full text]
  • Here SUB-EDITOR Jeanette Lamont Recession Looming for South It Is Becoming Increasingly Clear They Need to Go in Time
    R85.00 | OCTOBER 2015 ON TRANSPORT AND LOGISTICS focusontransport.co.za IVECO IN ACTION! The N3 like you’ve never FMCG can help known it before alleviate hunger! A pro perspective on Joburg’s green buses vehicle maintenance in the spotlight ????? ????? d |FOCUS| October 2015 2665 MBSA Construction Mixer Focus on Transport.indd 1 2015/09/18 2:25 PM COVER Iveco believes the best way OCTOBER to sell a truck is from the driver’s seat. So that’s what it did at its Iveco in Action event. Details on page 9. CONTENTS 12 16 20 ON TRANSPORT AND LOGISTICS Published monthly by Charmont Global Unit 17, Northcliff Office Park, 203 Beyers Naude Drive, Northcliff, 2195. P O Box 957, Fontainebleau, 2032, South Africa Tel: 011 782 1070 Fax: 011 782 1073 /0360 EDITOR Charleen Clarke Cell: 083 601 0568 email: [email protected] ASSISTANT EDITOR Gavin Myers ARE WE GOING BACK TO MAINTENANCE, FROM DOUBLE TROUBLE Cell: 072 877 1605 THE FUTURE? A MAINTENANCE email: [email protected] Certain fast-moving consumer With warnings of another PERSPECTIVE goods (FMCG) don’t get where SUB-EDITOR Jeanette Lamont recession looming for South It is becoming increasingly clear they need to go in time. We Cell: 083 447 3616 email: [email protected] Africa, FOCUS asks some local that vehicle maintenance is falling discover how supply chain trailer manufacturers what by the wayside. FOCUS finds out management can resolve many JOURNALISTS Jaco de Klerk impact this could have on the more from the perspectives of FMCG problems.
    [Show full text]