News from JAC Motors shows that it signed a cooperative contract with AVL CO.of Austria recently. AVL’s executive vice-president Mr.Patrick Singargou, vice-president Dr.Guenter Fraidl and JAC’s board chairman Mr.Zuo, general manager Mr. An, vice general manager Mr.Yans take part in the cooperation ceremony.

JAC hopes that both sides can expand more cooperation in future. Through the cooperation, JAC gains related technology of gasoline engine.

Anhui Jianghuai Automobile co., Ltd. (JAC hereafter) originally called Hefei Jianghuai Automobile Factory came into existence in 1964, was founded on September 30, 1999. Now JAC has more than 9000 employees with total asset of RMB 6.1 billion, covering an area of nearly 4.05 million square meters. JAC was listed on Shanghai Stock Exchange in 2001. JAC is an enterprise of high and new technology of Anhui province as well as a key enterprise of high-new technology into the National Torchlight Plan; it is one of the top 500 enterprises in China.