01839 CIMC VEHICLES
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CIMC VEHICLES News
Two new ones added! CIMC's Lingyu Auto and Zhumadian Huajun Foundry were awarded provincial “green factories”
Recently, the Henan Provincial Department of Industry and Information Technology announced the results of the 2024 Henan Provincial Green Manufacturing System Construction Review. CIMC's Ling Yu Auto and Zhumadian Huajun Foundry were successfully selected for the provincial “green factory” list.” A “green factory” refers to a key enterprise with a good foundation and strong representation in advantageous industries. It is a factory that achieves “intensive land use, harmless raw materials, clean production, recycling waste, and low carbon energy”, and is the implementing entity of green manufacturing. Building a “green factory” is an important way to promote structural optimization, relief and upgrading of the industrial industry, and improving quality and efficiency. Ling Yu Motors, a subsidiary of CIMC Motors, is based in
CICC: Overseas export business drives profit flexibility, revives and boosts the boom in heavy natural gas trucks
According to the China Automobile Association, the wholesale sales volume of heavy trucks in 1Q24 was 272,000 units, +12.9%/+33.3% year-on-month, and the industry's “good start” was realized during the seasonal peak season.
Auto stocks fluctuated higher, with Zotye and Jinlong both rising and stopping, while Dongfeng Motor, CIMC, BYD, and JAC followed suit.
Auto stocks fluctuated higher, with Zotye and Jinlong both rising and stopping, while Dongfeng Motor, CIMC, BYD, and JAC followed suit.
CIMC Vehicles to Buy Back All H- Shares, Withdraw Listing
CIMC Vehicles (Group) Co (HKG:1839) wants to buy back all H Shares not owned by it and its concert parties for HK7.5 per H Share as it plans to withdraw the listing from the Hong Kong bourse, accordin
CIMC Vehicles (01839.HK): H share repurchase offers and voluntary delisting have become unconditional in all aspects
Gelonghui, May 2, 丨 CIMC Motor (01839.HK) announced that at 4:00 p.m. on May 2, 2024, it had received valid acceptance of the H share repurchase offer for 135 million H shares (accounting for about 23.942% of the company's total issued H shares and about 6.692% of the total issued share capital), including 133.6 million H shares held by independent H share shareholders (accounting for about 91.936% of all H shares held by independent H share shareholders, about 23.687% of the company's total issued share capital). Since the company has already received an H share repurchase offer
CIMC Vehicles (301039): 24Q1 performance improved month-on-month, highlighting the leading position in the global semi-trailer
Incident: The company released its 2024 quarterly report. 2024Q1 achieved revenue of 5.153 billion yuan, -21.73%/-6.61% year over month, net profit to mother 265 million yuan, and -44.7 million yuan, respectively
Statistics on changes in the share of Zhitong Hong Kong Stock Connect | April 30
According to data disclosed on April 29, 2024, Agile Group (03383.HK), Zhejiang Shibao (01057.HK), and Shangtang-W (00020.HK) Hong Kong Stock Connect held the largest share increase in value, increasing by 1.22%, 0.76%, and 0.61%, respectively; Beijing Finance International (01468.HK), CIMC (01839.HK), and Southern Hang Seng Technology (03033.HK) Hong Kong Stock Connect shares decreased the most, decreasing by -9.91%, -5.53%, and -1.12%, respectively.
US Customs Finds No Evidence of CIMC Vehicles Breaching Anti-Dumping, Countervailing Duties
CIMC Vehicles (Group) (HKG:1839, SHE:301039) was cleared from accusations of breaching anti-dumping duties and countervailing duties, following an investigation by the US Customs and Border Protection
CIMC Vehicles (301039): Domestic business picked up in 1Q24, North America is under pressure and awaiting the results of the reform
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue -21.7%/-6.6% YoY to 5.15 billion yuan, net profit to mother -44.8%/+48.5% YoY to 260 million yuan.
The vehicle concept changed and declined. Jinlong Motor came to a standstill, and CIMC, Foton Motors, Celis, Yutong Bus, and BAIC Blue Valley followed suit.
The vehicle concept changed and declined. Jinlong Motor came to a standstill, and CIMC, Foton Motors, Celis, Yutong Bus, and BAIC Blue Valley followed suit.
CIMC Vehicle (301039.SZ): US determines that the company has no tax evasion and tax avoidance practices to promote the return to normalization of North American business
CIMC Vehicles (301039.SZ) issued an announcement. The company received it from the US on April 25, 2024, US time...
Express News | CIMC received a notice from the US Customs and Border Protection regarding the results of the EAPA investigation.
CIMC Vehicles (01839): CBP determined that there was no substantial evidence that CIE evaded US anti-dumping and countervailing duties
Zhitong Finance App News, CIMC (01839) announced that according to the previous announcement, the US Customs and Border Protection (“CBP”) received an application from the American Federation of Skeleton Vehicle Manufacturers on December 22, 2022, stating that the company's wholly-owned subsidiary CIMC Intermodal Equipment, LLC (hereinafter referred to as “CIE”) passed Dee Siam Manufacturing Co., Ltd. (hereinafter referred to as “DS Factory”), another wholly-owned subsidiary of the company, (Operating a manufacturing business in Thailand)
CIMC Vehicles (301039): The North American market is stabilizing and domestic development is accelerating
Key points of the announcement: The company released its 2024Q1 quarterly report. Overall revenue for the first quarter was 5.153 billion yuan, or -21.7%/-6.6% year-on-month; net profit to mother was 265 million yuan, or -44 month-on-month, respectively.
CIMC Vehicle's financial report for the first quarter released: revenue reached 5.15 billion yuan, accelerating the forging of new quality productivity
On April 26, 2024, CIMC Vehicles (301039.SZ/01839.HK) released its financial report for the first quarter of 2024. In the first quarter of 2024, the company achieved operating income of 5.153 billion yuan, net profit attributable to shareholders of listed companies of 265 million yuan, realized net profit of 262 million yuan after deducting non-recurring profit and loss to shareholders of listed companies, and sold a total of 29,483 vehicles per set worldwide. Each business or group has established a solid foundation, and the strategic results of the “Starlink Plan” highlight the first quarter of 2024. In the domestic market, with the steady start of China's economic operation, business
Express News | CIMC Vehicles: Net profit from mother in the first quarter was 265 million yuan, a year-on-year decrease of 44.76%
中集車輛：2024年第一季度報告
中集車輛：2023年度報告
CIMC Motor's (01839.HK) H-share privatization plan was approved by the shareholders' meeting with a high vote, and shareholders accepted it as a “final sprint”
CIMC Vehicles (Group) Co., Ltd. (hereinafter referred to as “CIMC Vehicles”) recently made new progress regarding its H-share privatization and delisting plan. Earlier, in conjunction with the company's announcement, we can learn that CIMC Motor has announced a potential H share repurchase and delisting plan in accordance with the relevant rules of Hong Kong's “Code of Corporate Acquisitions and Mergers”, and has obtained approval relating to registration with the State Administration of Foreign Exchange. It has also passed the board of directors review and sent relevant offer documents to shareholders. However, according to regulations and procedures, holding a shareholders' meeting to vote is a key part of deciding whether the privatization and delisting incident will be successful. April 18
CIMC Vehicles Gets Shareholders' Nod for Takeover Proposal
Shareholders of CIMC Vehicles (Group) (HKG:1839, SHE:301039), the parent of China International Marine Containers (SHE:000039, HKG:2039) or CIMC, approved the truck trailer maker's takeover proposal,
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