Joint venture between NIO and JAC is planning to cancel.

Tianyancha App shows that recently, Jianglai Advanced Manufacturing Technology Co., Ltd. has added 1 cancellation record announcement, with the reason for cancellation being the decision to dissolve, and the announcement period is from June 10th to July 24th. The company was established in March 2021, with the legal representative being Li Ming, and a registered capital of 510 million yuan. Its business scope includes the production of road motor vehicles, production line management services, supply chain management services, etc., jointly held by NIO Holdings Limited and Anhui Jianghuai Automobile Group Co., Ltd.