In March, the heavy-duty truck market sold approximately 0.105 million vehicles, an increase of 29% compared to the previous month.

In March 2025, approximately 0.105 million heavy trucks were sold in China's market (wholesale basis, including exports and New energy Fund), a 29% increase compared to February of this year, but a decrease of about 9% compared to the same period last year, which was 0.116 million units.

Zhitong Finance18:50 ET

Goldman Sachs: Gives Zhongchuang Aviation (03931) a "Neutral" rating, competition in the pricing of New energy Fund Batteries for Autos is expected to ease.

The management emphasizes that 2025 will be the starting year for the marketization of the BESS, highlighting that high-quality products (such as those with long cycle lives) will be more favored by the market.

Zhitong FinanceMar 30 21:42 ET

[Brokerage Focus] BOCOM INTL maintains a "Buy" rating on China Innovation Aviation (03931), indicating strong growth in its overseas shipment volume and expected continuous improvement in profitability.

Jinwu Finance | BOCOM INTL released a Research Report indicating that in 2024, the revenue of Zhongxin Hang (03931) will grow by 2.8% year-on-year, with revenue from energy storage Battery increasing by 72.4% year-on-year, and the proportion of energy storage income rising to 30%. Although Battery prices are declining, the company's profitability is improving, with gross margin and net margin increasing by 2.9 and 1 percentage point year-on-year to 15.9% and 2.1%, respectively. The bank stated that considering the strong growth of the company's overseas shipment volume, profitability is expected to continue improving under economies of scale, and the bank has raised the forecast for net income attributable to shareholders for 2025-26 by 11-24%. Access improvement will help enhance the liquidity of the company's Stocks.

Jinwu Financial NewsMar 27 22:37 ET

CALB's 2024 Profit More Than Doubles

MT NewswiresMar 26 23:59 ET

CALB Group 2024 Rev CNY27.75B Vs. CNY27.01B >3931.HK

Dow JonesMar 26 18:28 ET

China Aerospace (03931) released its annual performance report, with a profit attributable to Shareholders of 0.591 billion yuan, an increase of 100.83% year-on-year.

China Innovation Aviation (03931) announced its annual performance for the year ending December 31, 2024, during which the group achieved revenue...

Zhitong FinanceMar 26 10:44 ET