Dec 2012 – A strategic partnership was signed in Beijing by and between JIC Investment and SASAC Anhui.
Sep 2013 – JIC Investment became a JAC shareholder after capital injection, marking a milestone in JAC’s initial ownership reform efforts.
July 2014 – JAC Motors announced a restructuring plan about listing the entire group after a proposed merger.
Dec 2014 – JAC Motors’ plan for stock-for-stock merger, related party transaction and major asset restructuring was approved by the CSRC Committee for the Examination of Merger, Acquisition and Restructuring of Listed Companies.
Apr 2015 – JAC Motors announced stock-swap merger of JAC and changes in shareholding, thereby marking the completion of JAC’s listing.
Being the first SOE reform demonstration project launched in Anhui, JAC’s ownership transformation & public listing plan was completed in less than two years. Within less than three years, the company got publicly listed, thereby leading the way in Anhui and even in China. After its public listing, JAC became a publicly traded company enabling it to enjoy the “longest” industry chain as well as the widest range of car models in the automotive industry. An integrated platform for business and capital operations as well as the combination of the technical know-how with car assembly and car components will help the company create a comprehensive ecosystem and expand globally. In 2015, JAC Motors sold 588,052 cars, a rise of 31.61% from the previous year. JAC Motors has become a leading enterprise in China’s automotive industry. In 2016, through the cooperation with Volkswagen, JAC achieved a breakthrough in overseas business. Also, the project of new energy vehicle has been launched.