Jianghuai Auto (JAC) to invest 837 mln yuan in heavy-duty truck production
Anhui Jianghuai Automobile Co Ltd based in east China's Anhui province, a major producer of trucks and MPV and SUV, announces today that it will invest 837 million yuan in construction of 40,000-unit heavy and medium duty trucks plant.
Of the total investment, 647 million yuan will be used for fixed asset investment, and 190 for working fund.
The new plant, located in the Hefei Economic and Technical Development Zone, is designed to have construction term of 2.5 years, and start production in the third year.
It is expected to generate annual sales revenue of 4.48 billion yuan as start from the sixth year, total profits of 334.39 million yuan, and after-tax profits of 224.04 million yuan.
The company has also decided to make additional investment of 74. 64 million yuan in the Hefei Jianghuai Casting Co Ltd, expecting to hold 98.98 percent of the stake in the company.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- JAC Showcases E30X, T9 PHEV and N55EV at 2026 Hong Kong Auto Expo 2026-06-24
- JAC Becomes Official Vehicle Partner of Ghana Football Association 2026-06-12
- JAC Motors Makes Official Entry into Moroccan Market 2026-05-28
- JAC Highlights New Models at Kazakhstan CV Show 2026-05-27
- China’s Pickup Exports Soar in January 2026, Overseas Sales Top 27,000 Units 2026-03-02
- JAC Rolls Out First High-End Light Truck at Overseas KD Plant in Algeria 2026-01-15
- JAC Earns Two International Honors for Global Branding and ESG Communication 2025-12-31
- JAC Motors Launches Light and Heavy Trucks in Brazil 2025-12-29
- JAC Opens New Store in Arequipa, Peru 2025-09-17
- JAC Pure Electric Pickup Truck Delivered to Singapore Airline 2025-08-13
- Visiting Invitation: See What's New from Renault Trucks at IAA 2026
- China's Heavy Truck Exports Surge in June as Leading Brands Win Major Orders
- JAC Becomes Official Vehicle Partner of Ghana Football Association
- Xuzhou Launches International Communication Center to Boost Global Outreach
- FOTON, COSCO Shipping Launch Joint Venture to Strengthen Global Supply Chain
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- China's New Energy Tractor Truck Sales Rise 97% to 25,000 Units in June
- China's Pickup Truck Sales Continue to Decline in May
- China's Tractor Truck Sales Up 27% in May
- China's Medium-Duty Truck Market Surges 74% in May
- China's Mini Truck Sales Drop 18% YoY in May
- China's Heavy Truck Sales Rise 23% in May
- China's Light Truck Market Grows 7% to 172,000 Units in May
- China’s Pickup Truck Market Posts Steady Sales Growth in April
- China Light Truck Sales Down 2% to 178,100 Units in April 2026
- China Heavy-Duty Truck Sales Hit 117,000 Units in April, Up 33% YoY
