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Nanjing Golden Dragon Bus
Nanjing Golden Dragon Bus, also known as Nanjing Golden Dragon Skywell, is a Chinese manufacturing company established in 2000 in Nanjing. It produces vans, buses and commercial vehicles for the domestic and export markets. It is a subsidiary company under the Skywell New Energy Automobile Group, and a joint venture with the King Long, Xiamen King Long United Automotive Industry. Its competitors in the hybrid bus industry include Yutong, the Fujian Motors Group (Higer Bus, King Long, Golden Dragon (company), Xiamen Golden Dragon Bus), BYD Auto and Zhongtong Bus. Vehicles manufactured and marketed by NGDB carry the Skywell marque, inspired from the English word Skyworth. The name was officially trademarked for NGDB's use as of 2015. History NGDB was established in 2000. In 2005, the company underwent restructuring with Xiamen King Long and Nanjing Dongyu Auto Group, each accounting for 60% and 40% of company shares. NGDB underwent another company restructuring in 2011. In 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
