Who owns Anhui Jianghuai Automobile Group Holdings Co., Ltd.? The ownership chain, Anhui provincial government's stake and the 2020 deal
Facts checked
Anhui Jianghuai Automobile Group Holdings Co., Ltd. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
The Anhui provincial state-assets commission retained half of JAC's unlisted parent when Volkswagen (China) bought in through a capital injection agreed in May 2020 and completed in December 2020.
The short answer
| Controlled by | Anhui provincial government |
|---|---|
| Stake | 50% |
| Since | December 2020 |
| Kind | company |
| Recorded holdings | 1 |
| Origin | CN |
| Name in Chinese | 安徽江淮汽车集团控股有限公司 “ahn-HWAY jyahng-HWY CHEE-chuh jee-TWAN KONG-goo” |
| Top of the chain | Anhui provincial government |
The chain, step by step
Anhui provincial government owns Anhui Jianghuai Automobile Group Holdings Co., Ltd. at 50% since December 2020.
The Anhui provincial state-assets commission retained half of JAC's unlisted parent when Volkswagen (China) bought in through a capital injection agreed in May 2020 and completed in December 2020.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Anhui provincial government | Anhui Jianghuai Automobile Group Holdings Co., Ltd. | owns | 50% | December 2020 |
Other recorded holdings in Anhui Jianghuai Automobile Group Holdings Co., Ltd.
Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.
| Holder | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Volkswagen Group | holds a stake in | 50% | December 2020 | Volkswagen (China) holds half of Anhui Jianghuai Automobile Group Holdings, JAC's unlisted parent — a rare case of a foreign carmaker owning half of a Chinese state group's holding company rather than of an operating joint venture. |
What Anhui Jianghuai Automobile Group Holdings Co., Ltd. holds
Every current holding recorded from Anhui Jianghuai Automobile Group Holdings Co., Ltd. downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| JAC Group | controls | controls | not published | JAG is the controlling shareholder of the listed Anhui Jianghuai Automobile Group Corp., Ltd. (Shanghai, 600418). The exact percentage could not be confirmed from a JAC filing, so it is left null. |
Related
Sources for Anhui Jianghuai Automobile Group Holdings Co., Ltd.
- electrive.com, VW takes majority stake in joint venture with JAC. Read .
- Wikipedia, JAC Group. Read .