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China Jialing Company Profile

China Jialing Group is a large national enterprise group with motorcycles and their engines, special equipment manufacturing, general machinery, optoelectronic products, etc. as its leading industries. It is the largest motorcycle enterprise group in China. The group headquarters covers an area of ??2 square kilometers, with total assets of nearly 5 billion yuan, and more than 16,000 employees in the headquarters and subsidiaries. China Jialing Group, formerly known as Jialing Machinery Factory, was founded in 1875 by the Longhua Branch of the Shanghai Jiangnan Manufacturing Administration of the Qing Dynasty government. It is one of the earliest military industrial enterprises in modern China. After the outbreak of the Anti-Japanese War, it moved in 1938 to Shuangbei Jialing River in Shapingba District, the northwest suburb of Chongqing. In 1979, Jialing implemented the "military-to-civilian" strategy to develop and produce motorcycles, and was the founder and leader of the development of China's motorcycle industry. Through the implementation of the "internal linkage and external introduction" strategy, domestic cooperative enterprises were established internally and the "Jialing Motorcycle Economic Association" was established in 1980 to introduce international advanced technology. Since 1981, it has carried out technical cooperation with Japan's Honda Giken Industrial Co., Ltd. to promote The rapid development of motorcycle industry. In 1987, China Jialing Group was established to conduct pilot enterprise groups and joint-stock systems. In 1991, it became one of the first batch of pilot enterprise groups in the country; "China Jialing" was listed on the Shanghai Stock Exchange in 1995 and became a listed company. The core enterprises of China Jialing Group are China Jialing Industrial Co., Ltd. (Group) (referred to as "China Jialing", a listed company) and Jialing Industrial Co., Ltd. (a wholly state-owned company). China Jialing Industrial Co., Ltd. (Group) [hereinafter referred to as the company] is located in Shuangbei, Shapingba District, Chongqing City. It is approved by the State Economic Commission, the State Economic Reform Commission, the State Planning Commission and the Chongqing Municipal People's Government Approved by Chongfufa (1987) No. 176, it was reorganized and established from the civilian product production department of the former state-owned Jialing Machinery Factory. In 1999, with the approval of the Ministry of Finance's Cai Guan Zi [1999] No. 377 and the China Securities Regulatory Commission's Zheng Jian Company Zi [1999] No. 145, China Southern Industrial Corporation allotted part of its state-owned shares to relevant investors. 100 million shares, with a placement price of 4.5 yuan per share. After the placement, the company's total share capital will still be 473,870,840 shares. The company's equity structure is: China Southern Industrial Corporation holds 254,270,840 shares on behalf of the state, accounting for 53.66% of the company's total share capital; investors hold 219,600,000 circulating shares, accounting for 46.34% of the company's total share capital. On August 9, 2006, the company carried out the share-trading reform, transferring 9.817 shares to shareholders of tradable shares for every 10 shares. After the share-trading was completed, the company's total share capital changed to 687,282,040.00 shares. China Southern Industrial Group Corporation still holds shares on behalf of the country. There are 254,270,840 shares, accounting for 37% of the total share capital, and investors hold 433,011,200.00 shares in circulation, accounting for 63% of the total share capital.

"China Jialing"'s leading product "Jialing" motorcycles and their engines currently have more than 10 types of displacements ranging from 50CC to 600CC and hundreds of models, with a cumulative production and sales of more than 13 million units. It is the brand with the largest volume and now has an annual production capacity of 2 million units; "Jialing" motorcycles were the first to be exported to the international market in 1981 and have now been exported to more than 70 countries and regions. The Sino-Japanese joint venture Jialing-Honda Engine Co., Ltd.'s general mechanical products now has an annual production capacity of 300,000 general-purpose gasoline engines. Chengdu Aojing Technology Co., Ltd., a high-tech subsidiary of Optoelectronics, has established an annual production capacity of 300,000 sets of plastic aspherical projection lenses. "China Jialing" has a complete motorcycle and engine R&D, testing, manufacturing, quality, supporting and marketing system, advanced and complete technical equipment, and has engines, carburetors, etc. imported from Japan, the United States, Germany, the United Kingdom and other countries. Dozens of production lines including heat treatment, tooling manufacturing, die-casting, car body and fuel tank welding, painting, vehicle assembly, and motorcycle and engine quality performance testing centers. Jialing is an ISO9001 (2000 version) quality system and ISO14001 environmental system certified enterprise. It is the first enterprise in the Chinese motorcycle industry to obtain "CCC" certification and the national motorcycle "production access" certification; the "Jialing" trademark is the first in the Chinese motorcycle industry. A "nationally well-known trademark" with a brand value of 3.305 billion yuan; "Jialing" motorcycles are among the first batch of "Chinese famous brand" products for Chinese motorcycles and the number one brand in the Chinese motorcycle industry.