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Changhe Vehicles
Changhe, officially Jiangxi Changhe Automobile Co Ltd, was a Chinese automobile manufacturer based in Jingdezhen, Jiangxi, Jiangxi province, China.Profile of the Enterprise
Changhe Official Site (Archive.org cache)
Making cars and microvans, small trucks and vans for commercial purposes, Changhe had an estimated 200,000 (227,000 to 260,000) units/year production capacity as of 2010. Production capacity figures considered engines and vehicles as discrete. In the last period of company's existence, it was a majority-owned subsidiary of a large, state-owned automaker, BAIC, Changhe was previously engaged in a joint venture with Suzuki Motor Corporation of Japan. In 2022 all products have been discontinued and t ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Changhe Ideal
The Changhe Ideal is a city car produced by Jiangxi Changhe Suzuki Automobile Company, in a joint-venture between Chinese and Japanese automakers Changhe and Suzuki, since 2003. The model is known in Brazil as the Effa M100, in Uruguay as the Effa Ideal and in Italy as Martin Motors Ideal 1000. Overview The Ideal was designed by Bertone, available initially with a 1.1-litre gasoline engine and safety items such as anti-lock braking system and airbag An airbag is a vehicle occupant-restraint system using a bag designed to inflate in milliseconds during a collision and then deflate afterwards. It consists of an airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. ...s. It was facelifted in 2006, when it received new lights, a new grille and an updated interior. The Ideal was sold in Colombia as taxi mainly in 2009 and 2010, but due to the lack of quality most vehicles are out of service today. NICE Ze-O NICE Car Company presented an elect ...
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Changhe Freedom M70
The Changhe Freedom M70 is an MPV manufactured by Changhe, a sub-brand of BAIC. Overview The Changhe Freedom M70 was revealed in 2016 with prices ranging from 54,900 yuan to 64,900 yuan, while the Changhe Freedom M70 was available on the market from March 2017. Specifications The Changhe Freedom M70 is powered by a 1.5-litre engine mated to a 5-speed manual transmission A manual transmission (MT), also known as manual gearbox, standard transmission (in Canadian English, Canada, British English, the United Kingdom and American English, the United States), or stick shift (in the United States), is a multi-speed .... It is available with 5-, 7- and 8-seater configurations. References External links * Cars of China Minivans Cars introduced in 2016 Cars discontinued in 2019 BAIC Group vehicles Changhe vehicles {{modern-auto-stub ...
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Changhe Freedom M60
The Weiwang M50F is a minivan produced by Weiwang, a sub-brand of BAIC. A more premium variant called the Weiwang M60 is also available with more radical styling and upgraded powertrain. Overview The Beijing Auto Weiwang M50F was launched in November 2016 with a 7-seat 2/2/3 configuration. There are two powertrain options with the 1.3 liter turbo engine mated to a six-speed manual transmission, and the 1.5 liter engine mated to a five-speed manual transmission. Platform sharing Weiwang is a brand under the Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Motorcycle Group from Chongqing ChongqingPostal Romanization, Previously romanized as Chungking ();. is a direct-administered municipality in Southwestern China. Chongqing is one of the four direct-administered municipalities under the State Council of the People's Republi .... This joint venture also sells the Huansu brand and the Weiwang M50F is based on the same platform as th ...
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Changhe Freedom M50
The Weiwang M20, M30, and M35 are mini MPVs produced by Weiwang, a sub-brand of BAIC Group, BAIC. Weiwang M20 The Beijing Auto Weiwang M20 debuted during the 2013 Guangzhou Auto Show with the first examples of the mini-MPV available with a pre-sale price of 62,800 yuan. The production model was officially available to the market in October 2013 with prices starting from 46,800 yuan to 63,800 yuan. The engine of the Weiwang M20 is a 1.5 liter four-cylinder engine producing 106hp and 145nm, mated to a 5-speed manual transmission. Weiwang is a brand under the Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group, Yinxiang Motorcycle Group from Chongqing. This joint venture also sells the Huansu brand and the Weiwang M20 is based on the same platform as the Huansu H2. The Weiwang M20 can be configured as an 8-seater model. The interior is equipped with standard feature such as remote key, power windows, air conditioner, CD player, rear parki ...
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Delisted
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and as a ...
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Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exchange and the Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen. The SZSE is the List of stock exchanges, world's 6th largest stock exchange with a market capitalization exceeding US$4.4 trillion in July 2024. History On 1 December 1990, Shenzhen Stock Exchange was founded. As an idea adapted from the capitalist countries, it was politically controversial in China. In support of the stock exchange, Deng Xiaoping rhetorically asked, "Are securities and the stock markets good or bad? Do they entail dangers? Are they peculiar to capitalism? Can socialism make use of them?" Deng contended that China must try them out and reserve judgment, because if securities and the stock market went well, they could be expanded, an ...
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Shanghai Stock Exchange
The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third-largest stock market by market capitalization, exceeding $6 trillion in July 2024. It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formati ...
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Martin Motors
Martin Motors S.p.A. was an Italian company headquartered in the :it:Quinto de' Stampi, Quinto de'Stampi district of Milan. It was established by Giuseppe Martinelli to manufacture automobiles, buses and commercial vehicles. The manufacturer's assembly plant was located in Tunisia. On 15 January 2015, the company filed for bankruptcy. History Martin Motors gained fame in the mid-1990s for their Allestimenti Linea and Allestimenti Turismo Coach (bus), coaches. These had proven popular with travel agencies. Martin Motors extended the bus range in 1997 by adding the Pulmann Urbani. With a minibus, the MiniBus, the manufacturer tried to establish itself on the market of the small group buses. Bus production was 30,000 units per year, the largest source of revenue of the manufacturer. The production line was 7,500 units per year. Martin Motors' first attempt to establish itself in the passenger car market took place in 2006 with the Shuanghuan Noble small car, which they rebadged as ...
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Effa Motors
Effa Motors is a Uruguayan automobile and commercial vehicle manufacturer with headquarters in San José de Mayo in southern Uruguay. The company was founded by Eduardo Effa in 2006 for the construction of the vehicles imported as CKD kits used. Effa is located in the same workshop as the defunct automaker Dolce Vitta, whose World Manufacturer Codes of 9UP, 9UR and 9US are used for beginning of Effa's vehicle identification numbers. The company is a subsidiary of the Aler Group. Effa maintains partnerships with Chinese automakers Changhe, Hafei, Huanghai (a brand of Liaoning Shuguang), JinBei (JinBei trucks known as JBC), Jiangling Motors (JMC), Lifan and Sinotruk. Company history The first model offered by Effa was the subcompact Effa Ideal. When exported to Brazil the vehicle was badge engineered as the Effa M100. The Effa Aojun was the first SUV/Pickup introduced in 2008. The Aojun has since been enclosed as a minivan. The Coach or the Furgón, is a flatbed pick-up ...
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Uruguay
Uruguay, officially the Oriental Republic of Uruguay, is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast, while bordering the Río de la Plata to the south and the Atlantic Ocean to the southeast. It is part of the Southern Cone region of South America. Uruguay covers an area of approximately . It has a population of almost 3.5 million people, of whom nearly 2 million live in Montevideo metropolitan area, the metropolitan area of its capital and List of cities in Uruguay, largest city, Montevideo. The area that became Uruguay was first inhabited by groups of hunter gatherer, hunter gatherers 13,000 years ago. The first European explorer to reach the region was Juan Díaz de Solís in 1516, but the area was colonized later than its neighbors. At the time of Spanish colonization of the Americas, European arrival, the Charrúa were the predominant tribe, alongside other groups such as the Guaraní people ...
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Complete Knock-down
A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, and then exported to another country or region for final assembly. CBU, on the other hand, stands for "Completely Built Up" and signifies import of a finished product. Definitions A common form of knock-down is a complete knock-down (CKD), which is a kit of entirely unassembled parts of a product. It is also a method of supplying parts to a market, particularly in shipping to foreign nations, and serves as a way of counting or pricing. CKD is a common practice in the automotive, bus, heavy truck, and rail vehicle industries, as well as electronics, furniture and other products. Businesses sell knocked-down kits to their foreign affiliates or licensees for various reasons, including the avoidance of import taxes, to receive tax preferences for providing local manufacturing jobs, ...
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