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Cfmoto Power Issues 2.18 Billion Yuan Convertible Bonds; Shares Up 5%
Zhejiang Cfmoto Power Seeks to Raise Up to 2.18 Billion Yuan Via Bond Issue
Guolian Minsheng Securities: Medium- and large-displacement motorcycle sales show sequential improvement, with strong growth momentum as the peak season approaches.
According to data from the China Association of Motorcycle Industry, motorcycle sales with engine displacements above 250cc (excluding 250cc) reached 104,000 units in April 2026, up 11.4% year-over-year and 33.4% month-over-month. Cumulative sales from January to April totaled 291,000 units, down 2.3% year-over-year.
CFMOTO (603129.SH) 2025 Annual Equity Distribution: Dividend of 4.20 yuan per share
Gelonghui, May 15th ┃ CFMOTO (603129.SH) announced the implementation of its 2025 annual equity distribution plan. The profit distribution is based on the company’s total share capital of 153,482,763 shares prior to the implementation of the plan, with a cash dividend of 4.20 yuan per share (including tax), amounting to a total cash dividend of 644,627,604.60 yuan. The record date for this equity distribution is May 21, 2026, and the ex-dividend and ex-rights date is May 22, 2026.
Chunfeng Power (603129): Core framework initially established; third growth curve gradually taking shape
The globalization strategy has yielded results, with cost reductions and efficiency improvements driving growth. Sales of all-terrain vehicles reached a new high, increasing the company's global market share. Two-wheeler sales also hit record levels, achieving simultaneous growth in both domestic and international markets. Sales of the Zerocore electric series doubled, becoming a new growth engine. According to the company’s annual report,
Phillip Securities Starts Zhejiang Cfmoto Power at Buy With 359.30 Yuan Price Target