Changes in Hong Kong stocks | Zhengtong Auto (01728) rose more than 7%, leading the way for auto dealers, car trade-in rules released, which is expected to bring about a considerable increase
The Zhitong Finance App learned that car dealers generally rose in early trading. As of press release, Zhengtong Auto (01728) rose 7.29% to HK$0.265; Harmony Auto (03836) rose 5.77% to HK$0.55; Zhongsheng Holdings (00881) rose 4.28% to HK$2.79; and MeiDong Auto (01268) rose 3.33% to HK$2.79. According to the news, on April 26, 7 departments including the Ministry of Commerce and the Ministry of Finance jointly issued the “Implementation Rules on Automobile Trade-In Subsidies”. Huatai Securities said that according to estimates, the current stock of passenger cars that meet the policy requirements is about 18
正通汽車:2023 年報
Zhengtong Automobile (01728.HK) and Shandong Cinda signed a 2024 project entrustment agreement with a total cost of no more than 9 million yuan
Zhengtong Automobile (01728.HK) announced that on April 16, 2024, the company and Shandong Cinda signed a 2024 project entrustment agreement. According to this, Shandong Cinda will provide and install smart technology and weak electricity systems for the Group's upgrade and renovation of several facilities. The total cost should not exceed RMB 9 million.
Zhengtong Auto (01728.HK): Huang Junfeng has been appointed as the new chairman of the board
Zhengtong Automobile (01728.HK) issued an announcement. Starting April 10, 2024, the positions of the board members and some of its directors will change.
Zhengtong Auto (01728) announced annual results, losses attributable to shareholders of 891 million yuan, an increase of 200.72% year-on-year, achieving a contrarian increase in market share of core distribution brands
Zhengtong Auto (01728) announced its annual results for the year ended December 31, 2023. The group made profits during the period...
ZHENGTONGAUTO: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
China Zhengtong Auto Services Flags Loss for 2023; Shares Jump 14%
China Zhengtong Auto Services Holdings (HKG:1728) expects a net loss of 830 million yuan for the year ended Dec. 31, 2023, compared with a net loss of roughly 297 million yuan for the previous year, a
Express News | Zhengtong Auto issued a profit warning and expects a net loss of no more than RMB 830 million in 2023.
Zhengtong Auto (01728)'s net loss in 2023 is expected to increase year-on-year to no more than 830 million yuan
According to the Zhitong Finance App, Zhengtong Auto (01728) announced that despite a steady increase in revenue in 2023, gross margin declined due to intense competition and falling sales prices. It is expected that the Group's net loss for the year ended December 31, 2023 will not exceed RMB 830 million, while the net loss for the year ended December 31, 2022 was approximately RMB 297 million. The board of directors believes that although the company's business development trend is still good, it is limited by fierce competition in the automobile dealership industry, insufficient consumer demand in the overall market, and the decline in the average sales price of active brand cars
ZHENGTONGAUTO: PROFIT WARNING
Zhengtong Auto (01728.HK) held a board meeting on March 27 to consider and approve annual results
Gelonghui, March 15, 丨 Zhengtong Auto (01728.HK) announced that it will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, the proposed final dividend (if any), and to deal with other matters.
ZHENGTONGAUTO: DATE OF BOARD MEETING
Changes in Hong Kong stocks 丨 “wave of price cuts” continues to fall across the board in auto dealer stocks
Gelonghui, March 5 | Zhongsheng Holdings fell more than 7%, MeiDong Auto fell more than 5%, and Guanghui Baoxin, Zhengtong Auto, and Yongda Auto all fell. According to the news, the inventory warning index for Chinese car dealers in February 2024 was 64.1%. The Distribution Association said that judging from dealer feedback data, 71.5% of dealers believe that demand and sales volume in the February car market did not meet expectations. After the Spring Festival holiday, car companies set off a “wave of price cuts.” According to statistics, at present, 14 car companies have officially announced price cuts. Looking ahead to 2024, dealers believe that demand for cars will continue to grow in the second half of 2023, but competition will be more intense and will continue
Zhengtong Auto (01728.HK) acquired shareholder Zhang Mei to increase her holdings by 8.042 million shares
Gelonghui, March 5 | According to the latest equity disclosure data on the Stock Exchange, on March 1, 2024, Zhang Mei, the shareholder of Zhengtong Auto (01728.HK), increased her holdings by 8.042 million shares at an average price of HK$0.236 per share, involving approximately HK$1.8979 million. After increasing her holdings, Zhang Mei's latest shareholding was 316,839,500 shares, and the shareholding ratio increased from 10.77% to 11.05%.
Zhengtong Auto (01728.HK) was granted an increase of 8.042 million common shares by Zhang Mei, worth approximately HK$1,897,900
On March 4, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 4, Zhang Mei increased her common shares of $Zhengtong Auto (01728.HK) by $8.042 million at an average price of HK$0.236 per share on March 1, worth about HK$1.8979 million. After increasing her holdings, Zhang Mei's latest shareholding was 317 million shares, and the good position ratio increased from 10.77% to 11.05%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. Directors of listed companies
China ZhengTong Auto Shareholders to Vote Feb. 7 on Sale of Dongfeng Logistics Stake
China ZhengTong Auto Services Holdings' (HKG:1728) shareholders will meet in Wuhan, China on Feb. 7, 2024 to vote on unit Shengze Jietong Supply Chain's proposal to sell its 5.77% stake in Dongfeng Lo
Xiamen Xinde to Buy 5.8% of Dongfeng Logistics Group for 331.5 Million Yuan
Xiamen Xinde (SHE:000701) agreed to acquire a 5.77% stake in an automotive logistics company for 331.5 million yuan, according to a filing on Tuesday. The Chinese auto dealer and electronic informatio
China ZhengTong Auto Services to Sell Dongfeng Logistics Stake for CNY331.50M
China ZhengTong Auto Services to Sell Dongfeng Logistics Stake for CNY331.50M
China ZhengTong Auto Services to Sell 5.77% Stake in Dongfeng Logistics to Xiamen Xinde
China ZhengTong Auto Services to Sell 5.77% Stake in Dongfeng Logistics to Xiamen Xinde
Changes in Hong Kong stocks | Zhongsheng Holdings (00881) fell nearly 5%, leading the decline, automobile dealers, and the comprehensive inventory coefficient of auto dealers rose 12.6% month-on-month in October
Auto dealers had the highest declines. As of press release, Zhongsheng Holdings (00881) fell 4.78% to HK$18.74; MeiDong Auto (01268) fell 3.91% to HK$4.92; and Yongda Motor (03669) fell 3.18% to HK$3.04.
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