Zhejiang Jonway Automobile, based in East China, is a producer of 3- and 5-door SUVs with Euro III and Euro IV compliant engines.
Business Model:
Revenue: $10M
Employees: 2-10
Jonwayauto was acquired by
ZAP.
The acquisition happend on 2010-07-02.
Details of the transaction were not public
Address:
City: Luqiao
State: Zhejiang
Zip:
Country: China
Zhejiang Jonway Automobile Co.,Ltd is one of the 19 sub-companies of Jonway Group, which was built in 80 ages, 20 century, covering business scope as automobile, motorcycle, vehicle and motor parts, light building materials, air-compressor, plastic and realty etc, with total earns foreign exchange more than 110 million USD in 2005. Zhejiang Jonway Automobile Co.,Ltd, as one of independent car manufactories in China, is located in the east of Zhejiang province, and was constructed on May,2003. It has more than 1,000 employees and occupies an 573000 square meters production base, which are invested more than 78 million dollars, including pressing, welding, painting and assembling four advanced main workshop. Its throughput of 3-door city RV is over 50 thousand units per year. All products meet European Number III (China) emissions standards, also holds ISO 9001:2000 quality and CCC certification.
Contact Phone:
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2010 | Venture Round | 1 | $29M |
Zap Ventures Zap Ventures |
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