Elephant Car to be sold, built in Canada, signed Memorandum of Cooperation
Elephant Car North America has signed a Memorandum of Understanding with ITD Industries, Canada's largest uploader and distributor. The two sides will explore joint ventures that provide assembly manufacturing services in the Canadian market. Hong Kong, May 8, 20242/US Communication/ -- On May 8, the world's leading innovative new energy commercial vehicle enterprise, Elephant Automotive, ZO Motors North America signed a Memorandum of Understanding (MOU) with ITD Industries, under which ITD Industries will become the exclusive distributor of Elephant Cars in Canada Merchant, responsible for the sale of its zero-emission battery electric and hydrogen
Zo Future Expects Financial Impact After Birmingham FC's Relegation to EFL League One
Zo Future Group (HKG:2309) lowered revenue and expenses at the Birmingham Football Club after its relegation to EFL League One, according to Monday's filing on the Hong Kong bourse. The company said t
Elephant Future Group (02309) will be relegated to the English Football League next season. The group's revenue and operating expenses are expected to decrease in 2025
Elephant Future Group (02309) issued an announcement. After completing all games in the 2023/24 season, Bir...
ZO Future Completes Issue of 21.8 Million Shares
ZO Future Group (HKG:2309) completed the issue of around 21.8 million shares to investment holding company Xinsider Capital at HK$2.14 apiece on April 12, according to a same-day filing on the Hong Ko
Elephant Future Group (02309.HK) completed the issuance of a total of 21.8487 million new shares
Gelonghui, April 12, 丨 Elephant Future Group (02309.HK) announced that the board of directors is pleased to announce that the second subscription was completed on April 12, 2024. A total of 21,848,739 subscribed shares (accounting for about 2.68% of the total number of shares issued after allotment and issuance of second subscription shares immediately after completion of the second subscription agreement) have been allocated and issued at a subscription price of HK$2.142 per subscribed share in accordance with the terms and conditions of the second subscription agreement.
Zo Future Group Further Extends Share Subscription Agreement
Zo Future Group (HKG:2309) extended its share subscription agreement with a subscriber until April 17, or a later date agreed upon by both parties, according to a Wednesday filing on the Hong Kong bou
Elephant Future Group (02309.HK) further extends completion date for issuing new shares
Gelonghui, April 10, 丨 Elephant Future Group (02309.HK) announcement relating to (including) transactions relating to the subscription of new shares and the issuance of new shares under special authorization. Since the second subscriber needs more time to prepare for completion, the company and the second subscriber have agreed in writing that the completion date of the second subscription agreement will be further extended to no later than April 17, 2024 (or the company and the second subscriber may agree to a later date).
Elephant Future Group (02309) completed the issuance of 21.8487 million subscribed shares
Elephant Future Group (02309) issued an announcement on March 28, 2024. According to the date 202...
Changes in Hong Kong stocks | Elephant Future Group (02309) rose more than 6% to release the first smart electric light truck product, ZM6, which will be first sold in the Japanese market in May
Elephant Future Group (02309) rose more than 6%. As of press release, it rose 6% to HK$3.71, with a turnover of HK$2,618,900.
Elephant Car Launches First Product: Smart Electric Light Card ZM6 Launches for Japanese Market Sales
The ZM 6 is the first smart electric truck product launched by Elephant Car to integrate global R&D and supply chain resources. It is an industry leader in durability, lightweight technology, charging efficiency, safety configuration, and more. ZM 6 is expected to hit the Japanese market in May this year. Hong Kong, March 22, 2024/Mainest/ -- Elephant Future Group, the parent company of ZO Motors Holdings Limited (“Elephant Cars” or “ZO Motors”), a leading global innovative new energy commercial vehicle company, announces the announcement of Elephant Future Group [Hong Kong Stock Code 02309]
ZO FUTURE GROUP: 2023 / 2024 INTERIM REPORT
ZO Future Group's Fiscal H1 Loss Widens
ZO Future Group's (HKG:2309) attributable loss widened to HK$36.9 million, or HK$0.0478 per share, in the six months ended Dec. 31, 2023, from HK$28.4 million, or HK$0.0368 per share, in the year-ago
ZO Future Shareholders to Vote March 20 on Share Issue to 2 Investors
ZO Future Group's (HKG:2309) shareholders will meet March 20 to vote on the proposed issue of a little over 21.8 million shares each to Xinsider Capital and existing shareholder Ever Depot. The partie
Elephant Future Group (02309) announced interim results. Loss attributable to owners of HK$368.78 million increased by about 30% year-on-year
According to the Zhitong Finance App, Elephant Future Group (02309) announced interim results for the six months ended December 31, 2023, with revenue of about HK$144 million, up about 32.5% year on year; loss attributable to company owners was HK$368.78 million, up about 30% year on year; loss per share was 4.78 HK cents. According to the announcement, the increase in losses was mainly due to: no compensation from the soccer club division under the profit and loss sharing arrangement between the company and Dongni; and increased financing costs, but profit from some of the sold players' registrations increased; after completing the sale of certain interests of a non-wholly-owned subsidiary
ZO FUTURE GROUP: INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
Zo Future, Weichai New Energy Sign Deal to Build Electric Trucks
Zo Future Group (HKG:2309) signed an agreement with Weichai New Energy Commercial Vehicle, setting out the details of their joint development of right-hand-drive electric trucks. Under the tie-up, Wei
Elephant Automobile and Weichai New Energy Commercial Vehicle signed an agreement to jointly develop an export-type right-rudder electric light truck
Elephant Automobile and Weichai New Energy Commercial Vehicle signed a joint development agreement, confirming that the two parties will jointly develop right-hand drive electric light trucks and jointly develop the global right-hand drive market. Elephant Automobile will continue to deepen cooperation with Weichai New Energy Commercial Vehicles Hong Kong, February 28, 2024/2024/PRNewswire/ -- Elephant Future Group, the parent company of the world's leading innovative new energy commercial vehicle company ZO Motors Holdings Limited (“Elephant Auto” or “ZO Motors”), announced that in order to further deepen Weichai New Energy Commercial Vehicle Co., Ltd. and the Group's Strategic cooperation, Elephant Auto and Chariot
Changes in Hong Kong stocks | Elephant Future Group (02309) rose more than 7%, its subsidiary Elephant Auto and Weichai New Energy jointly develop right-hand drive electric trucks
The Zhitong Finance App learned that Elephant Future Group (02309) rose by more than 7%. As of press release, it had risen 7.22% to HK$4.01, with a turnover of HK$2,554,300. According to the news, Elephant Future Group announced that in order to deepen strategic cooperation, its new energy commercial vehicle brand ZO Motors (ZO Motors) has signed a joint development agreement with Weichai New Energy. Weichai New Energy will develop right-hand drive electric trucks and accessories according to the specifications and requirements stipulated in the agreement. The proprietary design for right-hand driving products is jointly owned by ZO Motors and Weichai New Energy. The target markets of the product are Japan, Malaysia and Indonesia
Selected Announcements | Country Garden was petitioned for liquidation by Ever Credit; China Exempts China to invest an additional 1.1 billion yuan in duty-free shopping
Nine Dragons Paper announced interim results, with shareholders accounting for a profit of 292 million yuan, turning a year-on-year loss into a profit; Fuzhikang Group issued a profit warning and expects a consolidated net loss of about US$120.8 million in 2023.
Elephant Future Group (02309): ZO Motors and Weichai New Energy signed a joint development agreement
Elephant Future Group (02309) issued an announcement on February 27, 2024, to deepen Weichai New Energy and Group...
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