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Zotye Automobile: Zotye Automobile Co., Ltd. 2024 Interim Performance Forecast
Zotye Automobile (000980.SZ): Zotye Manufacturing has signed an exclusive distribution intention agreement.
On June 28th, Gelunhui announced that Zhejiang Zotye Automobile Manufacturing Co., Ltd. (hereinafter referred to as "Zotye Manufacturing" or "subsidiary" or "Party A"), a subsidiary of the company, has signed an "Exclusive Distribution Intention Agreement" with Algerian SARL AI Auto (hereinafter referred to as "Party B"). Party A designates Party B as the exclusive distributor of the ZOTYE brand in Algeria, and Party B accepts the appointment and serves as the exclusive distributor of the contract products designated in this Letter of Intent in the region. Party B will directly establish sales facilities and networks in accordance with the requirements of network construction.
Some Zotye Automobile Co., Ltd (SZSE:000980) Shareholders Look For Exit As Shares Take 25% Pounding
To the annoyance of some shareholders, Zotye Automobile Co., Ltd (SZSE:000980) shares are down a considerable 25% in the last month, which continues a horrid run for the company. The drop over the
Zotye Automobile (000980.SZ) currently does not have a business in solid state batteries.
Zotye Automobile (000980.SZ) stated on its investor interaction platform on June 4 that the company currently does not have any business in solid state batteries.
Does Zotye Automobile (SZSE:000980) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi
Zotye Auto (000980.SZ): Net loss of 124 million yuan in the first quarter
Gelonghui, April 30 | Zotye Auto (000980.SZ) released its report for the first quarter of 2024, achieving operating income of 113 million yuan, a year-on-year decrease of 30.42%; net profit attributable to shareholders of listed companies - 124 million yuan, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 125 million yuan, and basic earnings per share - 0.02 yuan.
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