The registered capital of Jiangling Holdings is 654.38 billion yuan. Among them, Changan invested 500 million yuan, Jiangling Group invested 50 million yuan, and invested 450 million yuan in Jiangling Holdings with its 4 1.03% state-owned legal person shares and some liabilities. At this point, Jiangling Holdings has become the largest shareholder of Jiangling Motors Co., Ltd., and Ford Motor Company of the United States is its second largest shareholder.

Changan and Jiangling are well-known enterprises in the domestic automobile industry. Changan Automobile is mainly engaged in mini-vans, small commercial vehicles and cars, ranking second in the domestic mini-car market and one of the five key bases approved by the state to support the development of cars. In 2004, 454,300 vehicles were sold, and the sales income was 65.438+08.527 billion yuan. Jiangling motors specializes in light vehicles and related parts, with an annual comprehensive production capacity of 654.38+million vehicles and 654.38+million engines, which plays an important role in the field of commercial vehicles.

In 2004, Jiangling Group * * * sold 74,620 vehicles, with a sales income of 65.438+0.0069 billion yuan. From the industrial point of view, Changan and Jiangling are highly complementary, and the combination of the two powerful companies can complement each other in the fields of technology, products and market, thus further contributing to the automobile industry in China.