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qingling motors co ltd-h (1122) Details

Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People's Republic of China. The company offers light, medium, and heavy-duty trucks; pick-up trucks; and multi-purpose vehicles, as well as diesel and petrol engines, and automobile parts and accessories. It is also involved in the production of moulds for the manufacture of automobile parts. Qingling Motors Co., Ltd. also exports its products to Japan. The company is based in Chongqing, the People's Republic of China. Qingling Motors Co., Ltd. is a subsidiary of Qingling Motors (Group) Company Limited.

2,927 Employees
Last Reported Date: 09/17/15

qingling motors co ltd-h (1122) Top Compensated Officers

Deputy General Manager, Company Secretary and...
Total Annual Compensation: CNY508.0K
Executive Director
Total Annual Compensation: CNY371.0K
Executive Director
Total Annual Compensation: CNY267.0K
Compensation as of Fiscal Year 2014.

qingling motors co ltd-h (1122) Key Developments

Qingling Motors Co. Ltd. Announces Executive Changes

The board of directors of Qingling Motors Co. Ltd. announced that Mr. Makoto TANAKA has tendered his resignation as an executive Director due to changes in personnel of Isuzu Motors Limited. Mr. TANAKA's resignation as an executive Director will effect from the approval by the shareholders of the Company at the forthcoming extraordinary general meeting of the Company. Before the resignation, Mr. TANAKA will continue to perform his duties as an executive Director. The Board also announced that Isuzu has given a written notice to the Company of its intention to nominate Mr. Masanori OTA as a candidate for election as an executive Director. Mr. Masanori OTA had served as the Executive Officer of Main Department of Technology, Production Department, PT Manufacturing Department and PT Quality Management Department since 2013.

Qingling Motors to Invest CNY 18.28 Million for Development of EVs and Marketing Systems; Appoints Keiichiro Maegaki as General Manager

Qingling Motors plans an investment of CNY 18.28 million in order to develop new energy vehicles as well as set up well-established customer-oriented marketing management systems. The company intends to invest CNY 9.85 million in order to meet China's emission reduction and energy conservation targets. The company will also invest CNY 8.43 million in establishing of customer relationship management and a distribution centre management system. These efforts are aimed at leveraging better efficiencies for customer channels including sales, after-sales services, and spare parts. The company also announced the appointment of Keiichiro Maegaki as general manager with effect from 16 November 2015. Maegaki is currently serving as the executive director and vice chairman of the company. He has succeeded Makoto Tanaka who resigned as the general manager of Qingling Motors.

Qingling Motors Co. Ltd. Announces Executive Changes

The Board of Qingling Motors Co. Ltd. announced that Mr. Makoto TANAKA, the executive director of the company has resigned as the general manager of the company and Mr. Keiichiro MAEGAKI, the executive director and vice chairman of the company, has been appointed as the general manager of the company, both with effect from 16 November 2015.

 

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Valuation 1122 Industry Range
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Price/Sales 0.7x
Price/Book 0.6x
Price/Cash Flow 9.0x
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