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Huazhong In-Vehicle to Boost Stake in Auto Parts Company
Announcement Highlights | Alibaba's revenue in the last quarter increased by 8% year-on-year; "Snow King" has started its IPO! The stock is priced at HKD 202.5 per share.
In the last quarter, Alibaba's Net income increased by over 300%; CHINA RES POWER's photovoltaic sales volume in January rose by 45%.
Express News | Huazhong in Vehicle Holdings Co Ltd - Acquisition of 15% Equity Interest in a Non Wholly-Owned Subsidiary
The Auto Parts Sector continues to rise, INTRON TECH (01760) increases by 15.86%. According to the China Association of Automobile Manufacturers: last year, the export value of Auto Parts products grew by 6.8% year-on-year.
Jinwu Financial News | The Auto Parts Sector continues to rise, INTRON TECH (01760) up 15.86%, JOHNSON ELEC H (00179) up 3.99%, Zhejiang Shibao (01057) up 3.36%, HUAZHONG IN-V (06830) up 3.26%, BOE VARITRONIX (00710) up 1.15%. According to data sorted by the China Association of Automobile Manufacturers from the General Administration of Customs, in December 2024, the import value of auto parts products reached 2.14 billion US dollars, a month-on-month decrease of 16.6% and a year-on-year decrease of 29.1%. From January to December 2024, the import of auto parts products.
Huazhong In-V (06830.HK): The company has followed relevant procedures in handling the resignation of the former executive director and vice chairman.
Gronghub November 6th, Huazhong In-V (06830.HK) announced that the group's business partner recently received a letter in the name of the former executive director and vice chairman ("Mr. Wu") who resigned from the company on March 8, 2024. The contents of the letter involve disputes between the company and Mr. Wu arising from his resignation from his position, as well as false allegations against the company. The company firmly denies the accusations in the letter and confirms that it has followed the relevant procedures in handling Mr. Wu's departure. As of the announcement date, the company has been actively seeking legal advice and will proactively consider taking action against the dissemination of such allegations when necessary.
Express News | Huazhong in Vehicle - Co Denies Allegations Contained in Letters
