JAC Signs Cooperative Agreement with EPEC for Overseas Projects

www.chinatrucks.com: On the morning of August 8, a cooperative agreement was signed between JAC and Sinopec’s e-commerce platform EPEC in Beijing in the presence of Xiang Xingchu, General Manager of JAC and Wang Yubing, general Manager of Sinopec Material and Equipment Division (International Department).

EPEC, launched on April 1, 2015, represents an e-commerce platform that combined purchase and sales and established by Sinopec according to the practical situation in procurement and supply of materials and equipment. Through EPEC, Sinopec integrates the horizontal business chain in up and down stream and the vertical industrial chain between corporates to creates a new business mode of “internet + supply chain” for industrial products. By April 18, 2017, EPEC has reported an increase of 526% year on year with a registered capital of RMB 130 billion. At the same time, the international trade on the EPEC platform will officially starts operation soon.

Currently, JAC’s Gallop heavy truck and Junling light truck have already been displayed on EPCE platform and will go ahead of the others to meet Sinopec related companies and social purchasers. After signing the cooperative agreement, JAC will provide more outstanding and reliable products to further meet Sinopec’s purchase demand for high-quality vehicles.

In the meantime, both sides will actively take the advantage of EPEC’s international trade platform to jointly explore overseas market. JAC will be given the priority for taking part in Sinopec’s “going-out” projects. Moreover, JAC can use EPEC to purchase more excellent accessories and parts. This is of great significance to further explore more excellent accessory and part suppliers.

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