000800 FAW Jiefang Group
- 9.01
- -0.04-0.44%
FAW Jiefang Group News
FAW Jiefang Group: Voluntary Information Disclosure Notice on the April 2024 Production and Sales Report
Express News | FAW Jiefang: Total sales volume in April was 28,700 vehicles, up 34.79% year-on-year
FAW Jiefang rewards drivers who acted courageously in the Meida Expressway landslide disaster with 10,000 yuan
According to FAW Jiefang's official website, at about 2:10 a.m. on May 1, a landslide disaster occurred on the Chayang section of the Meida Expressway in Meizhou City, Guangdong Province. Wang Xiangnan, the truck driver, and his wife, who were traveling from Kunming in Yunnan to Quanzhou, Fujian on the highway discovered an abnormal situation and decided to cross the cold chain van they were driving in the middle of the road, turn on a double flash, and stop the vehicle in the back, preventing further development of the situation. Master Wang and his wife's “acts of kindness” were reported by various media platforms such as People's Daily and CCTV News. After learning about this incident, FAW Jiefang immediately launched the “Liberate Love, Pilot and Care for Truck Drivers Program” with the China Workers' Development Foundation, 5
FAW Jiefang (000800): 24Q1 net profit withheld from non-return to mother's performance was significantly better than revenue compared to the same period last month
Core view: The company's 24Q1 revenue and net profit before and after deduction were +35.2%, +174.0%, and +225.9%, respectively. The company released its quarterly report for '24, and achieved revenue of 18.98 billion yuan in 24Q1
FAW Jiefang (000800): Performance is in line with expectations, heavy natural gas trucks continue to lead
Key investment performance summary: The company released its 2024 quarterly report. Q1 achieved revenue of 18.98 billion yuan, +35.2%/+20.3% year-on-month, net profit of 170 million yuan, and year-on-month, respectively.
Express News | FAW Jiefang: Net profit returned to mother in the first quarter was 169 million yuan, up 174% year-on-year
Express News | FAW Jiefang held the signing ceremony of the New Energy Finance Ecological Strategic Cooperation Framework Agreement
FAW Hongqi: The new Hongqi H9 is officially launched, starting at 329,800
Gelonghui, April 25 | FAW Hongqi announced the official launch of the new Hongqi H9, with a price range of 329,800 to 539,800 yuan.
Express News | FAW Liberation: Autonomous driving products in collaboration with Huawei are expected to be mass-produced and used by the end of 2025
FAW Jiefang (000800.SZ): cumulative sales volume for the full year of 2023 was 242,000 vehicles, an increase of 42% year-on-year
Gelonghui, April 24 | FAW Jiefang (000800.SZ) said on the investor interactive platform that the company's cumulative sales volume for the full year of 2023 was 242,000 vehicles, an increase of 42% over the previous year. Among them, sales of medium and heavy trucks were about 205,000 units, an increase of 46% over the previous year. The company maintains a leading position in the domestic heavy truck market. In the future, it will continue to be customer-centered. On the basis of consolidating the dominant market, the empty market and the shortfall market will be used as an incremental source to gain more growth and share in the global market segment. At the same time, in overseas markets, the company accelerates expansion, leverages the advantages of the system based on actual use, and collaborates through the system
Dongwu Securities: Heavy gas truck penetration rate increased in March, optimistic about natural gas transformation
The Zhitong Finance App learned that Dongwu Securities released a research report saying that the high increase in gas heavy truck+ exports is both improving, and the trade-in policy is further stimulating, and the heavy truck sector is expected to continue to improve in the 24-25 years. 1) The combination of factors such as continued widening oil and gas price differential+falling freight rates+gradual diversification of gas vehicle product types drove a rapid increase in gas vehicle cost performance and customer acceptance; at the same time, domestic natural gas supply is abundant, local gas station construction accelerates, supply/demand/policy is catalyzed in multiple dimensions, and the penetration rate of heavy gas trucks is expected to increase rapidly from 2024 to 2025; 2) Heavy truck exports showed strong resilience, and breakthroughs in steady sales growth, CIS
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
Dongwu Securities: Heavy gas truck penetration rate increased in March, optimistic about natural gas transformation in the future
The Zhitong Finance App learned that Dongwu Securities released a research report saying that the combination of factors such as continued widening oil and gas price differential+lower freight rates+gradual diversification of gas vehicle product types drove a rapid increase in gas vehicle cost performance and customer acceptance; at the same time, domestic natural gas supply is abundant, gas station construction is accelerated in various regions, and supply/demand/policy is catalyzed in multiple dimensions, and the penetration rate of heavy gas trucks is expected to increase from 2024 to 2025. Heavy truck exports have shown strong resilience, sales have broken through steady growth, and the CIS, Middle East/Africa/Southeast Asia, etc., the cost performance advantages of independent heavy trucks are prominent, and the overseas market share continues to rise. Additionally, the value of the trade-in policy
FAW Group Ties Up With ECARX to Develop Smart Cockpits
FAW Group (SHE:000800) partnered with ECARX Holdings to develop smart cockpits for the Chinese automobile maker's Hongqi-branded vehicles, the US-listed auto technology supplier said in its April 18 f
Express News | FAW Jiefang: Research and development of hydrogen internal combustion engines has entered the vehicle trial production stage and plans to deliver them to users for demonstration operation this year
Express News | FAW Jiefang: It is expected that the medium and heavy truck market will maintain a moderate recovery trend this year
Sales of Chinese Passenger Vehicle Brands Jump 26% in Q1
Sales of Chinese passenger vehicles jumped 26.4% to 3.4 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
Shanxi Securities released a research report on April 12 stating that FAW Jiefang (000800.SZ) was rated as increasing its holdings. The main reasons for the rating include: 1) the steady recovery of the commercial vehicle industry, with the company leadin
Shanxi Securities released a research report on April 12 stating that FAW Jiefang (000800.SZ) was rated as increasing its holdings. The main reasons for the rating include: 1) the steady recovery of the commercial vehicle industry, with the company leading the growth rate and share; 2) cost rates improved and the company's performance bottomed out and rebounded; 3) demand in the gas heavy truck market is expected to continue to rise, and the electric intelligence+globalization strategy accelerates the company's future growth. (Mainichi Keizai Shimbun)
FAW Jiefang (000800.SZ): cumulative sales volume of 78,463 vehicles in January-March increased by 34.22% year-on-year
Gelonghui, April 9 | FAW Jiefang (000800.SZ) announced the March 2024 production and sales report. The total sales volume this month was 34,654 vehicles, with a cumulative total of 78,463 vehicles this year, an increase of 34.22% over the previous year.
Dongfang Wealth Securities released a research report on April 9 stating that FAW Jiefang (000800.SZ) was given an increase in holdings rating. The main reasons for the rating include: 1) a sharp recovery in performance in 23, and booming gas vehicle comp
Dongfang Wealth Securities released a research report on April 9 stating that FAW Jiefang (000800.SZ) was given an increase in holdings rating. The main reasons for the rating include: 1) a sharp recovery in performance in 23, and booming gas vehicle companies are expected to continue to benefit; 2) improving profitability and actively promoting cost reduction and efficiency; 3) actively integrating the superior resources of both parties and working with Huawei to lead the development of the industry. (Mainichi Keizai Shimbun)
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