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Hong Kong stocks' abnormal situation | Zhixing Autos Technology (01274) rose more than 5%, and the development of autonomous driving is accelerating. The company is expected to be included in the Hong Kong Stock Connect in September.
ZhiXing autos Technology (01274) rose more than 5%, as of press time, up 5.47%, at HKD 23.15, with a turnover of HKD 1.6846 million.
Hong Kong stocks surge | Zhixing Autos Technology (01274) rose more than 4%, planning to establish a joint venture with Hangsheng Electronics to expand its cockpit product business.
ZhiXing Autos Technology (01274) rose more than 4%. As of press time, it had risen 3.98%, with a price of HKD 26.15 and a turnover of HKD 2.4257 million.
China Securities Regulatory Commission, National Development and Reform Commission, and National Energy Administration jointly released the Action Plan for Accelerating the Construction of a New Type of Electrical Utilities System. The total market value
State-owned Assets Supervision and Administration Commission: In the key areas of technological innovation such as satellite navigation, chips, and industrial robots, give full play to the role of block orders as the main force of central enterprise procurement and use.
Zhixing Autos Technology plans to establish a joint venture with Hangsheng Electronics.
Zhixing Autos Technology (01274) announced that on August 5, 2024, the company signed a joint venture agreement with Hangsheng Electronics to establish a joint venture company in Suzhou, China. The joint venture company is positioned as a leading high-tech company specializing in cockpit integration business in China, focusing on the research and development, production and sales of cockpit integration products. According to the joint venture agreement, the joint venture company will be owned by the company and Hangsheng Electronics (as the registered holders of the joint venture company) with 50% and 50% equity respectively. The joint venture company will become a subsidiary of the company, and its financial performance will be merged into the group's comprehensive financial statements. Hangsheng Electronics was founded in 19.
Zhixing Automotive Technology (01274.HK) and Hangsheng Electronics have jointly established a joint venture company to focus on the development of integrated cockpit products.
On August 6, Guolonghu announced that Zotye Auto (01274.HK) has entered into a joint venture agreement with Hangsheng Electronics on August 5, 2024, establishing a joint venture company in Suzhou, China. The joint venture company is positioning itself as a leading high-tech company in China focused on cockpit integration business, focusing on the research and development, production and sales of cockpit integration products. Hangsheng Electronics is a registered limited company established in China in 1993 and is one of the leading companies in China's automotive electronics industry, with a product lineup covering intelligent cockpits, intelligent driving, Internet of vehicles and software services systems, and new energy vehicle control electronics.
Express News | IMotion Automotive Technology Suzhou - Jv Co Will Be Owned as to 50% and 50% Respectively by Co and Hangsheng Electronics
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