Is Jianghuai Automobile a State-Owned Enterprise?
1 Answers
It is a state-owned enterprise. Anhui Jianghuai Automobile Group Corp., Ltd., abbreviated as JAC Group, was established on May 18, 1997, with the approval of the Anhui Provincial People's Government. It is one of the 12 key enterprise groups in Anhui Province and is currently directly supervised by the State-owned Assets Supervision and Administration Commission of Anhui Provincial People's Government. The headquarters is located at No. 176 Dongliu Road, Hefei City, Anhui Province. As a joint-stock listed company, it is an enterprise integrating the R&D and sales of a full range of commercial vehicles, passenger vehicles, and powertrains.