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Is Yichang GAC Trumpchi a state-owned enterprise?
The company in Yichang is a state-owned enterprise.
According to the official website of GAC Trumpchi, GAC Trumpchi Yichang Branch is a wholly-owned subsidiary invested and established by the state-owned enterprise GAC Group. It is located in the Yichang Automobile Industrial Park, with a total area of ??about 1,400 square meters. Mu, with a total investment of 3.53 billion yuan, has built five process workshops covering stamping, welding, painting, resin, and final assembly, with a total construction area of ??over 250,000 square meters and a vehicle production line with an annual output of 200,000 vehicles.
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