Auto retailers in general are doing well. Zhongsheng Hldg (00881) has risen 5.25%. In June, the inventory level of auto retailers was below the warning line.
Jingu Wealth News | Auto retailers are performing well overall, with Grand Baoxin (01293) up 11.25%, Zhongsheng Holdings (00881) up 5.25%, Meidong Auto (01268) up 4.95%, Yongda Auto (03669) up 2.47%, and Harmony Auto (03836) up 2.15%. On July 10th, the China Automobile Dealers Association released the "Auto Retailer Inventory" survey results for June 2024. The comprehensive inventory coefficient of automobile dealers in June was 1.40, a 2.8% decrease from the previous month and a 3.7% increase compared to the same period last year. Inventory levels were below the warning line. Dealers are upset.
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China Harmony Auto Announces Board Structure
China Harmony Auto Proposes Year-End Dividend
Harmony Auto (03836.HK): The board of directors decided to declare and pay a year-end dividend of HK$0.037 per share from the company's share premium account
On June 3, Ge Longhui Auto (03836.HK) announced that the Group's board of directors decided to declare and pay a final dividend of HK$0.037 per share for the year ended December 31, 2023 from the company's share premium account, subject to approval by the company's shareholders at the company's annual general meeting of shareholders to be held on June 18 (Tuesday), 2024. On the date of the announcement, the company had issued 1,524,725,177 common shares. Based on the number of shares issued at the date of the announcement, the total proposed final dividend (if declared and paid) would be approximately HK$56.4 million. suggestions
HARMONY AUTO: PROPOSED DECLARATION AND PAYMENT OFTHE FINAL DIVIDEND OUT OF SHARE PREMIUM ACCOUNT
Harmony Auto (03836): Chen Yinglong resigns as independent non-executive director
Zhitong Finance App News, Harmony Auto (03836) issued an announcement. Mr. Chen Yinglong (Mr. Chen) resigned as an independent non-executive director due to his decision to invest more energy and focus on his other businesses, effective June 3, 2024.
China Harmony Auto Gears Up for AGM
The car dealership sector was under pressure, and Zhongsheng Holdings (00881) fell 8.15%. Consumer demand for car purchases in May did not meet expectations
Jinwu Financial News | The auto dealer sector was under pressure across the board. Zhongsheng Holdings (00881) fell 8.15%, Meidong Auto (01268) fell 7.51%, Yongda (03669) fell 4.19%, Zhengtong Auto (01728) fell 2.04%, and Harmony Auto (03836) fell 1.92%. According to data from the China Automobile Dealers Association, in the third week of May (May 13 to May 19), the used car market traded an average of 60,300 vehicles per day, down 5.53% from last week, and 8% from the same period in April. The average daily trading volume of the used car market continued in May
China Harmony Auto Mulls Year-End Dividend Decision
HARMONY AUTO: Annual Report 2023
Harmony Auto (03836) released annual results and achieved revenue of 16.579 billion yuan, an increase of 1.58% year-on-year
Harmony Auto (03836) announced its annual results for the year ended December 31, 2023. The group will take...
HARMONY AUTO: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
China Harmony Auto Unit Sues Former Corporate Management Adviser Over Unreturned Fees
Harmony Auto (03836) subsidiary filed a lawsuit against Fu Xinglong to refund the remaining prepaid expenses totaling 85 million yuan
Harmony Auto (03836) announced that Henan Harmony Auto Holdings Co., Ltd., a wholly-owned subsidiary of the group, will start in 2024...
Harmony Auto (03836.HK) plans to hold a board meeting on March 28 to approve annual results
GLONGHUI March 19 | Harmony Auto (03836.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday). The agenda includes considering and approving the annual results of the company and its subsidiaries for the year ended 31 December 2023, as well as the proposed final dividend (if any), and handling other matters.
Harmony Auto (03836) fell 5.70% and is now reported at 0.500 yuan, hitting a 52-week low
As of 13:49, Harmonious Auto (03836) was down 5.70% from yesterday's closing price. It is now reported at $0.500, a 52-week low; the turnover volume is 3.4225 million shares, with a turnover of HK$1,7393 million.
Direct impact of changes | Auto dealers have the highest decline, impulse price cuts at the end of the year, and the industry's profit growth rate may be under pressure in the short term
On November 24, $Auto Dealers (BK1196.HK) $ had the highest decline. As of press release, $Zhongsheng Holdings (00881.HK) $ fell 6.37% to HK$18.82; $Guanghui Baoxin (01293.HK) $ fell 5.31% to HK$0.214; $Harmony Auto (03836.HK) $ fell 4.22% to HK$0.68; $Meidong Auto (01268.HK) $ fell 4.05% to HK$5.21. Market source: Futubull Niu > According to the news, the China Automobile Dealers Association previously announced for October 2023
HARMONY AUTO: Interim Report 2023
HARMONY AUTO: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
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