On June 19, Jiangling Motor issued a statement saying that recently, an article about “Jiangling Ford will be merged into Changan Ford” appeared on the Internet. As a listed company, JMC currently has no plans related to asset restructuring and integration. “We are not commenting on unfounded rumors and speculations.” Jiangling Motors said that in the current fiercely competitive market environment, in order to maintain competitiveness and build a healthy, dynamic and sustainable sales and service network, the company has been working with joint venture partners and dealer partners to continuously improve operational efficiency and cross-network synergy, and enhance the overall profitability of enterprises and dealers.

On June 19, Jiangling Motor issued a statement saying that recently, an article about “Jiangling Ford will be merged into Changan Ford” appeared on the Internet. As a listed company, JMC currently has no plans related to asset restructuring and integration. “We are not commenting on unfounded rumors and speculations.” Jiangling Motors said that in the current fiercely competitive market environment, in order to maintain competitiveness and build a healthy, dynamic and sustainable sales and service network, the company has been working with joint venture partners and dealer partners to continuously improve operational efficiency and cross-network synergy, and enhance the overall profitability of enterprises and dealers.