Saturday, July 19, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Technology

Former head of Chinese automaker JAC under investigation, anti-graft watchdog says

by Riah Marton
in Technology
Former head of Chinese automaker JAC under investigation, anti-graft watchdog says
Share on FacebookShare on Twitter


THE former chairman of Jianghuai Automobile Group (JAC), An Jin, is under investigation, China’s anti-graft watchdog said.

An retired from the state-owned automaker in 2021 after 46 years, having served as chairman for nine years.

The Central Commission for Discipline Inspection said on its website that An was suspected of “serious violations of discipline and law” but did not give any details of the case.

JAC did not immediately respond to a request for comment on Tuesday.

JAC partners with both Volkswagen and Chinese electric car firm Nio.

In 2017, JAC set up a 50-50 joint venture with Volkswagen focused on electric vehicles and the German automaker secured a controlling stake in the venture three years later after Beijing relaxed foreign ownership rules.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

A spokesperson for Volkswagen said the investigation has had no impact on the business activities of its venture with JAC.

JAC is Nio’s manufacturing partner. In December, Nio said it would take over some plant assets from JAC.

Nio did not immediately respond to requests for comment on the investigation into An. REUTERS

Tags: anti-graftantigraftautomakerChinaChineseInvestigationJACwatchdog
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Andy Cohen Apologizes for Fueling Conspiracy Theories About Kate Middleton’s Health and Prince William’s Alleged Affair

Andy Cohen Apologizes for Fueling Conspiracy Theories About Kate Middleton's Health and Prince William's Alleged Affair

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In