Jiangling Motors Corporation Ltd (JMC) is an automobile company. The company carries out the business of production and sale of light and heavy vehicles and components. JMC provides a range of automobiles including light trucks, heavy duty trucks, pickups, sport utility vehicle (SUV) and transit series commercial vehicles. The company offers its products under brands including Ford, JMC, and Yusheng. It also involve in the production and sale of engines, castings and other components. The company distributes its products mainly in domestic market. JMC is headquartered in Nanchang, Jiangxi, China.
Headquarters
China
Address
No. 509, Yingbin North Avenue, Nanchang, Jiangxi, 330001
Website
www.jmc.com.cn
Telephone
86 791 85266178
No of Employees
12,339
Industry
Automotive
Ticker Symbol & Exchange
000550 (SHE)
Revenue (2021)
$4.5B
-14.5%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
59.4%
(2021 vs 2020)
Market Cap*
$2.5B
Net Profit Margin (2022)
XYZ
86.5%
(2021 vs 2020)
* As of and is in US$
Jiangling Motors Corporation Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Engines | Selling Automotive Components to Overseas and Domestic Markets | Ford |
| Dies and Tools | After Sales Services | Yusheng |
| Light Trucks | JMC | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In March, the company launched a new pickup truck brand, Dadao. |
| 2022 | Contracts/Agreements | In January, the company and Ford announced the establishment of a new joint venture to build vehicles for Ford’s passenger vehicle business in China. |
| 2021 | Contracts/Agreements | In August, the company agreed to sell its subsidiary JMC Heavy Duty Vehicle Co., Ltd to AB Volvo for US$125.7 million. |
Competitor Comparison
| Key Parameters | Jiangling Motors Corporation Ltd | BAIC Motor Corporation Ltd | Dongfeng Motor Group Co Ltd | BAIC BluePark New Energy Technology Co Ltd | Qingling Motors Co. Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Nanchang | Beijing | Wuhan | Beijing | Chongqing |
| State/Province | Jiangxi | Beijing | Hubei | Beijing | Chongqing |
| No. of Employees | 12,339 | 30,691 | 119,420 | 3,726 | 2,856 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Qiu Tiangao | Chairman | Executive Board | 2016 | 57 |
| Xiong Chunying | President; Director | Executive Board | 2021 | 59 |
| Wu Shengbo | Vice Chairman | Executive Board | 2022 | 57 |
| Jin Wenhui | Director; Executive Vice President | Executive Board | 2019 | 56 |
| Wu Jiehong | Vice President | Senior Management | 2021 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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