Jiangling Motors Corporation statement: Currently there are no plans for asset restructuring and integration.
On June 19, Jiangling Motors released a statement saying that recently, there have been some articles on the internet about "Jiangling Ford being merged into Changan Ford". As a listed company, Jiangling Motors currently has no plans for asset restructuring and integration. In the fiercely competitive market environment, in order to maintain competitiveness and create a healthy, dynamic, and sustainable sales and service network, Jiangling Motors has been working with its joint venture partners and dealer partners to continuously improve operational efficiency and cross-network synergy, enhancing the overall profitability of the company and dealers. However, Jiangling Motors will not comment on unfounded rumors and speculation.
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