The sales of SUVs has been surging in China since 2011 and consumers’ love affair with SUVs has expending into the segment of alternative energy vehicles this year.

According to an announcement of Dongfeng Motors released in the evening of April 22nd, the company plans to sell its share of Zhengzhou Nissan Automobile to its controlling shareholder Dongfeng Motor Co., Ltd. so as to increase the company’s revenue and functioning quality. After the transaction, Dongfeng Motors will no longer be a shareholder of Zhengzhou Nissan. It’s acknowledged that Dongfeng will resume trading in the stock market in April 25th.

According to an announcement released by SAIC Group in the evening of April 20th, this car company’s non-public offering plan to raise 15 billion yuan in China’s A-share market has been approved by the Issuance Examination Committee of China Securities Regulatory Commission.