· Qingling Motors (Group) Co., Ltd. solemnly declares
On February 29, 2016, the Ministry of Industry and Information Technology released the No. 9 Announcement of 2016 to revoke the production qualification of Qingling Motors (Group) Co., Ltd. (hereinafter referred to as “Qingling Groupâ€). Qingling Group QL64702SJ The use passenger car will stop production from the date of announcement, and will stop selling on January 1, 2017.
On March 2, 2016, "Automobile Media" published an original article titled "Supply-side Reform, Knife, Double-ring into History", which was reprinted by many media. The article is seriously inconsistent with the facts. The Qingling Group is strictly stating as follows:
1. The Qingling Group headquarters no longer produces passenger cars, but the Qingling Group's wholly-owned and holding enterprise clusters continue to maintain the production qualifications of commercial vehicles, passenger vehicles and special vehicles. Qingling full range of commercial vehicles, passenger cars and special-purpose vehicles are all normally produced and sold.
2. According to the development needs, Qingling Group will follow the development strategy of “taking commercial vehicles as the mainstay and gradually moving towards business and passengersâ€, and deploy commercial vehicles and passenger vehicles in the core listed subsidiary of the Group, Qingling Motors. Co., Ltd. production; the modified car layout is produced in Chongqing Qingling Special Vehicle Co., Ltd., a wholly-owned subsidiary of the Group. To this end, the headquarters of Qingling Group has not reported the production qualification of passenger vehicles to the Ministry of Industry and Information Technology.
3. In recent years, in the grim situation in which the sales volume of the commercial vehicle industry continued to decline, the sales volume of the Qingling Group has increased against the trend and the competitiveness has increased remarkably. Ranked 4th among the top 50 Chongqing outstanding industrial enterprises in the 2012-2014 selection by the Chongqing Municipal Government. In 2015, the sales volume of the commercial vehicle industry dropped by 9%, and the sales volume of Qingling's vehicle increased by 7.1%. The market share was significantly expanded and the quality and efficiency were greatly improved.
4. On March 2, 2016, "Automobile Media" published an original article titled "Supply-side Reform, Knife, Double-ring into History", which was seriously misrepresented, and the media was in the process of drafting and publishing. None of them contacted and verified with us. Other media have reprinted the article without verifying it with us. Qingling Group reserves the right to pursue legal responsibility.
Hereby declare
Qingling Motors (Group) Co., Ltd. March 2, 2016
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