Chijet Motor Company's Majority-Owned Subsidiary Achieved A Breakthrough In Export Model
Portfolio Pulse from Happy Mohamed
Chijet Motor Company, Inc. (NASDAQ:CJET) announced that its majority-owned subsidiary FAW Jilin Automobile Co., Ltd. has completed its first shipment of automobile orders to Peru through its newly developed export operation at Tianjin Port, China. This marks the official opening of FAW Jilin's dual-channel export model, indicating a new phase of development for the company's international marketing business.
July 14, 2023 | 1:20 pm
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Chijet's subsidiary FAW Jilin has successfully completed its first shipment of automobile orders to Peru, marking the start of its dual-channel export model. This could potentially boost Chijet's international marketing business.
The successful completion of the first shipment of automobile orders to Peru by FAW Jilin, a subsidiary of Chijet, marks the start of its dual-channel export model. This could potentially increase Chijet's international presence and boost its marketing business, which could have a positive impact on its stock price.
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