On October 9, 2012, Jiangsu Jianghuai Power Co., Ltd. issued an announcement that the company plans to issue the 2012 first-term short-term financing bonds with a planned circulation of 100 million yuan. Its prospectus disclosed the company's future development strategy and goals.

According to reports, JAC's current main products are single-cylinder diesel engines , multi-cylinder diesel engines, and general-purpose small gasoline engines. By 2011, the company will produce 600,000 units of single-cylinder diesel engines, 62,000 units of multi-cylinder diesel engines, and production capacity of small-scale gasoline engines. 700,000 units.

The strategic plan of the company for 2011-2015 is to strategically develop small-scale gasoline engines and light multi-cylinder machines, consolidate and upgrade the market position of single-cylinder machines, actively explore terminal products, vigorously implement international strategic operations, and fully develop import and export business. Involved in coal, non-ferrous mineral exploration mining business.

In the aspect of development planning objectives, the prospectus disclosures that the company will use the strategy of “doing gardens abroad and doing farm work at home” as the overall idea of ​​the development of the industry, strategically developing light multi-cylinder machines, small-scale general-purpose gasoline engines, and supporting gardening machinery; consolidating and raising orders. Cylinder market position; actively develop agricultural equipment, vigorously implement the internationalization strategy, actively explore the domestic market, and maintain a balanced, sustained and stable growth of domestic and foreign sales.

The target is to produce and sell 2.44 million sets of various types of engines and terminal products by 2015, achieving a sales income of 5.3 billion yuan and a total profit of 250 million yuan.

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February 22, 2019