Karachi: Ghandhara Automobiles Limited has officially addressed the recent media speculation surrounding the launch of the JAC T-9 Hunter model within their pickup category. In response to inquiries from the Pakistan Stock Exchange (PSX) regarding news published on January 8, 2025, in both print and electronic media, the company has provided detailed clarification.

In a statement issued in reference to Letter No. PSX/Gen-172 dated January 23, 2025, Ghandhara Automobiles Limited highlighted that their core operations are centered around the assembly and progressive manufacturing of various vehicles, including trucks, pickups, and SUVs. The company also engages in the import and sale of vehicle parts and completely built-up vehicles, alongside assembling vehicles for other companies under specific contractual agreements.

The recent introduction of the JAC T-9 Hunter model was specifically mentioned as part of the company's regular business activities within the JAC segment. Ghandhara Automobiles emphasized that this launch is not linked to any new principals or alliances but is merely an extension of their existing product offerings. According to information available from the Pakistan Stock Exchange (PSX), there is no significant shift in the company's strategic direction or partnerships related to this model’s introduction.

Ghandhara Automobiles Limited reassured stakeholders that the clarification provided should dispel any uncertainties surrounding the launch. The company remains open to providing further details or clarifications should there be any additional inquiries. This effort underscores their commitment to maintaining transparency and clarity in their communications with investors and the market at large.