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Jianghuai Automobile announced on January 23 that the company plans to use its own funds to invest in an annual output of 40,000 heavy-duty trucks. The total investment of the project is 837 million yuan, of which fixed-asset investment is 647 million yuan and circulating capital is 190 million yuan. The project construction address Hefei Economic and Technological Development Zone in Anhui Province.
The company stated that the construction period of the project will be 2.5 years, put into operation in the third year, and reach production in the sixth year. After the project is put into production, it is estimated that the annual sales income will be 4,481,333,300 yuan, the total annual profit will be 334,398,300 yuan, and the annual after-tax profit will be 224,406,900 yuan.
At the same time, Jianghuai Automobile also decided to invest 24.6747 million yuan in the second phase of the project to invest in additional investment in Hefei Jianghuai Foundry Co., Ltd. After the completion of the capital increase, the company invested 232.4535 million yuan in Hefei Jianghuai Foundry Co., Ltd., accounting for 98.98% of its total investment. .
December 26, 2022