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FAW Car Company
FAW Car Company Limited, a subsidiary of FAW Group in Changchun, Jilin, China. It is listed on the Shenzhen Stock Exchange since 1997. Its passenger car marques include Bestune, FAW, Hongqi and Oley Oley may refer to: ;People * Barnabas Oley (1602–1686), English churchman and academic * Johann Christoph Oley (1738–1789), German organist and composer ;Places * Oley Valley, Pennsylvania * Oley Township, Berks County, Pennsylvania * Oley, Pe .... References External linksFAW Car Limited Company Companies listed on the Shenzhen Stock Exchange FAW Group divisions and subsidiaries Companies based in Changchun Government-owned companies of China Vehicle manufacturing companies established in 1997 {{Motorvehicle-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Changchun
Changchun (, ; ), also romanized as Ch'angch'un, is the capital and largest city of Jilin Province, People's Republic of China. Lying in the center of the Songliao Plain, Changchun is administered as a , comprising 7 districts, 1 county and 3 county-level cities. According to the 2020 census of China, Changchun had a total population of 9,066,906 under its jurisdiction. The city's metro area, comprising 5 districts and 1 development area, had a population of 5,019,477 in 2020, as the Shuangyang and Jiutai districts are not urbanized yet. It is one of the biggest cities in Northeast China, along with Shenyang, Dalian and Harbin. The name of the city means "long spring" in Chinese. Between 1932 and 1945, Changchun was renamed Xinjing () or Hsinking by the Kwantung Army as it became the capital of the Imperial Japanese puppet state of Manchukuo, occupying modern Northeast China. After the foundation of the People's Republic of China in 1949, Changchun was established as the provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jilin
Jilin (; alternately romanized as Kirin or Chilin) is one of the three provinces of Northeast China. Its capital and largest city is Changchun. Jilin borders North Korea (Rasŏn, North Hamgyong, Ryanggang and Chagang) and Russia (Primorsky Krai) to the east, Heilongjiang to the north, Liaoning to the south, and Inner Mongolia to the west. Along with the rest of Northeast China, Jilin underwent an early period of industrialization. However, Jilin's economy, characterized by heavy industry, has been facing economic difficulties with privatization. This prompted the central government to undertake a campaign called "Revitalize the Northeast". The region contains large deposits of oil shale. Name The name "Jilin" originates from ''girin ula'' () , a Manchu phrase meaning "along the river", shortened to Kirin in English. This Manchu term was transcribed into ''jilin wula'' ( t , s ) in Chinese characters and shortened the first two characters, which are tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW Group
China FAW Group Corp., Ltd. (First Automobile Works) is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin.FAW Today FAW's 50th Anniversary Brochure Founded in 1953, it is currently the second largest of the " Big Four" state-owned car manufacturers of China, together with , and |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. With a market capitalization of its listed companies around US$2.504 trillion in 2019, it is the 7th largest stock exchange in the world, and 4th largest in East Asia and Asia. History On December 1, 1990, Shenzhen Stock Exchange was founded. In January 1992, Deng Xiaoping's Southern Tour saved China's capital market and the two stock exchanges (the other is Shanghai Stock Exchange). In July 1997, the State Council of China decided that the Shenzhen Stock Exchange would be directly managed by the China Securities Regulatory Commission. In May 2004, the SME Board was launched. In October 2009, the ChiNext market () was inaugurated. State-owned c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW Besturn
Bestune (), previously known as Besturn, is an automotive marque owned by the Chinese automaker FAW Group. With products based on older Mazda sedans, Besturn targets upper middle-class Chinese consumers. FAW, Besturn's owner, also manufactures the Chinese market version of the car many Besturn products are based on, the Mazda 6,Besturn B90 to launch this year to be Mazda6 based chinacartimes.com, March 24, 2011 and Besturn models were initially produced in FAW's Mazda factories. History The Besturn B70 made its debut in 2006. The made its debut in 2009.[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hongqi (automobile)
Hongqi () is a Chinese luxury car marque owned by the automaker FAW Car Company, itself a subsidiary of FAW Group. Hongqi was launched in 1959, making it the oldest Chinese passenger car marque.About FAW > Key Events First Automobile Works official site In Chinese, ''hongqi'' means " red flag." Originally, Hongqi models were only for high-ranking government officials. They ceased production in 1981 but were later revived in the mid-1990s. History Origins to 1991 While the name has endured, the vehicles that bear the brand have varied significantly. Originally a dignitary's car, the brand's later vehicles have ranged from serving as taxisHongqi Mingshi Enters Daqing Taxi Market First Automobile Works official site, Oct 13, 2005 to low-end business sedans; during the |
Oley (marque)
The FAW Oley (一汽欧朗) is a subcompact car available as sedan and hatchback bodystyles produced by the FAW Group under the Oley brand. Overview The Oley sedan was originally codenamed the A130 during development phase, and was originally developed as a subcompact named the B30 for the Bestune (Besturn at the time) brand. The Oley was built on the PQ32+ platform developed from the Mark 2 Volkswagen Jetta platform built by FAW Volkswagen FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. It was founded on 6 February 1991. FAW-VW is headquartered in the so .... The platform was criticized for being cheap and the design was criticized for being too radical for the Bestune brand, which led to FAW launching the Oley brand as a brand for younger generations. The Oley brand was revealed in November 2011. In March 2012, and the first product, the Oley sed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
