Market & Industry
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange

Shenzhen Stock Exchange said on October 13 it has accepted the application submitted by Dongfeng Motor Group Company Limited (called “Dongfeng Motor” for short), for going public on the ChiNext stock market.

Oct. 15 , 2020
WM Motor kicks off pre-listing tutoring procedure
WM Motor kicks off pre-listing tutoring procedure

WM Smart Mobility Technology (Shanghai) Co., Ltd. (called “WM Mobility” for short), the parent of Chinese EV startup WM Motor, started its pre-listing tutoring procedure on September 30, a local media outlet reported on October 13.

Oct. 15 , 2020
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit

Changan Auto said its net profit attributable to shareholders for the first three quarters was forecasted to reach 3.2 billion yuan to 3.8 billion yuan, shooting up 220.23% to 242.78% from the year-ago net loss of 2,661.51 million yuan.

Oct. 14 , 2020
GAC Group’s Sept. sales leap 15.59% year on year
GAC Group’s Sept. sales leap 15.59% year on year

GAC Group announced that its Sept. sales jump 15.59% year on year to 218,042 units, showing double-digit growth for the third month in a row.

Oct. 13 , 2020
China's homegrown PV retail sales grow 7.4% year on year in September
China's homegrown PV retail sales grow 7.4% year on year in September

For the month of September, around 1.939 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 7.4%, according to the CPCA.

Oct. 13 , 2020
SAIC Motor garners four-straight-month YoY sales growth as of Sept.
SAIC Motor garners four-straight-month YoY sales growth as of Sept.

With 602,318 new vehicles sold, SAIC Motor boasted a 9.51% year-on-year growth in Sept. sales, the Chinese largest automaker said on October 12.

Oct. 12 , 2020