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Shanghai Volkswagen Powertrain Company Ltd. VW (China) 60%, SAIC 40%: Shanghai SAIC-Volkswagen Sales Company Ltd. SAIC 50%, VW (China) 30%, SVW 20%: Shanghai Volkswagen Import Company Ltd. VW (China) 100%: Tianjin SITECH Dongchang Automotive Seating Technology Ltd. Sitech GmbH 60%, Dongchang 20%, Etern 20%: Dongchang Volkswagen Hong Kong Ltd ...
The group's largest market is China (including Hong Kong and Macau), which accounts for 40% of its sales and profits. [2] [3] The name Volkswagen derives from the German words Volk and Wagen, meaning ' people's car '.
The joint venture is made up of equity from SAIC Motor (50%), Volkswagen AG (40%), Volkswagen (China) Invest (10%), with a fixed-term venture for 45 years up until 2030. [2] It is the first of three joint ventures operated by Volkswagen in China, alongside FAW-Volkswagen with FAW Group and Volkswagen Anhui with JAC Group.
Its customers includes large international automobile corporations such as Ford, General Motors and Volkswagen of Germany. It was established in 1988 and headquartered in Hong Kong. It was listed on the Hong Kong Stock Exchange in 2005. [3]
Heinrich Jessen (1865–1931) Jebsen & Co. was established in Hong Kong in March 1895 by second-grade cousins Jacob Jebsen and Heinrich Jessen from Aabenraa.The company started as a shipping agency owned by Jebsen's father, who had a fleet of fourteen coastal steamers on the Chinese coasts.
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CDW Building (Chinese: 中染大廈) is located at 388 Castle Peak Road, Tsuen Wan, Hong Kong, and is wholly owned by HKR International Ltd. It was built in 1982 as an industrial building. Across the years, CDW Building underwent a number of refurbishment works.
Volkswagen AG (German: [ˈfɔlksˌvaːɡn̩] ⓘ), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery.