May. 25, 2006
Daihatsu Motor Co., Ltd. (Daihatsu) announced that an opening ceremony for FAW Daihatsu (Jilin) Body Parts Co., Ltd. (FDJB), a vehicle body parts manufacturing company jointly established with FAW Jilin Automobile Co., Ltd. (FAW Jilin Auto), was held on 25 May in Jilin City, China. FDJB is responsible for a portion of the project to produce small multi-purpose vehicles in China under the technical license agreement signed between Daihatsu and FAW Jilin Auto in October 2005.
| Company Name | FAW Daihatsu (Jilin) Body Parts Co., Ltd. |
|---|---|
| Location | Jilin City, Jilin Province |
| Field of Business | Manufacture and sale of vehicle body assembly and body parts (Production to begin May, 2007) |
| Capitalization | USD 28,700,000 |
| Equity Participation | Daihatsu: 50%, FAW Jilin Auto 50% |
| Executives | Chairman: Jiang Yanchun Vice Chairman: Hiroaki Iwabe President: Hitoshi Nakano Vice President: Lian Yunshan |