CIMC Vehicles Closes H-Share Buyback Offer Ahead of Hong Kong Delisting
CIMC Vehicles Group (HKG:1839, SHE:301039) closed the repurchase offer for its H shares on Thursday, orchestrated by UBS, ahead of its delisting from the Hong Kong Stock Exchange, according to a Frida
CIMC Vehicles Delists From Hong Kong Exchange
CIMC Vehicles Concludes H Share Buy-Back
Express News | CIMC Vehicles: The H-share repurchase offer has ended and will be voluntarily delisted from the Hong Kong Stock Exchange
CIMC Vehicles (01839) has received valid acceptance of an H share repurchase offer for 143 million H shares
CIMC Motor (01839) announced that the H share repurchase offer proposed by UBS on behalf of the company was made on 2024 5...
CIMC Vehicle's (01839.HK) H-share listing status will be withdrawn from June 3
Gelonghui, May 30, 丨 CIMC Vehicle (01839.HK) announced that the H share repurchase offer proposed by UBS on behalf of the company ended at 4:00 p.m. on May 30, 2024. The company has not further extended the H share repurchase offer. The Hong Kong Stock Exchange has approved the withdrawal of the listing status of H Shares on the Hong Kong Stock Exchange in accordance with Rule 6.15 of the Listing Rules. The listing status of H Shares on the Hong Kong Stock Exchange will be withdrawn at 4:00 p.m. on June 3, 2024.
The countdown to accepting the offer is 7 days, and the privatization of CIMC Motor Company (01839.HK) H shares has come to an end
The H share privatization and delisting of CIMC Vehicles (Group) Co., Ltd. (hereinafter referred to as “CIMC Vehicles”) has entered the final stage. According to reports, at present, all conditions for the H share repurchase offer and voluntary delisting of CIMC Vehicles have been reached on May 2, less than a week until shareholders finally accept it. If the offer acceptance period is missed, the shareholders' shares will also become foreign untradable shares. Specifically, as of 4:30 p.m. on May 20, 2024, the company had received valid acceptance of about 137,883,320 H shares, accounting for about 24.451% of the company's total issued H shares and the issued share capital
The A-share automotive sector surged higher and fell. Yutong Bus and Zhongtong Bus all fell nearly 6%, Jinlong Bus fell 5%, and *ST Yaxing, Sinotruk, ST Hanma, CIMC, and Cyrus followed suit.
The A-share automotive sector surged higher and fell. Yutong Bus and Zhongtong Bus all fell nearly 6%, Jinlong Bus fell 5%, and *ST Yaxing, Sinotruk, ST Hanma, CIMC, and Cyrus followed suit.
CIMC Vehicles Signals Potential Share Buy-Back
CIMC Vehicles Group Provides Update on Offer to Buy Back All H- Shares, Withdraw Listing
CIMC Vehicles Group (HKG:1839) received valid acceptances for around 24.451% of all the issued H Shares and about 6.834% of the total issued share capital of the company as of May 20, under its offer
The last trading date for CIMC Motors (01839.HK) H shares is May 24
Gelonghui, May 20, 丨 CIMC Vehicle (01839.HK) announced that at 4:30 p.m. on May 20, 2024, it had received valid acceptance of the H share repurchase offer for 138 million H shares (accounting for about 24.451% of the company's total issued H shares and about 6.834% of the total issued share capital). In accordance with Rule 6.15 of the Listing Rules, the Hong Kong Stock Exchange has approved the delisting of H shares from the Hong Kong Stock Exchange. The last trading date for H shares on the Hong Kong Stock Exchange is May 24, 2024, and H shares will be delisted from the Stock Exchange at 4:00 p.m. on June 3, 2024.
CIMC Vehicles (01839): Received valid acceptance of an H share repurchase offer for 138 million H shares
CIMC Vehicles (01839) issued an announcement. At 4:30 p.m. on May 20, 2024, 1.38...
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
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