Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance

MT Newswires04:23 ET

Global EV Battery Market Share in Jan-Nov 2024: CATL 36.8%, BYD 17.1%

CnEVPost22:01 ET

Announcement Highlights | Wanwu Cloud acquires 100% equity of Zhongzhou Property; UBTECH executives commit not to reduce their Shareholding within 12 months.

C&D INTL GROUP: The cumulative contract sales amount for 2024 is about 103.36 billion yuan, a year-on-year decrease of about 25.1%; SHIMAO SERVICES plans to acquire 33% of Shenzhen Shilu Yuan Environmental for 83.159 million yuan for full ownership.

cls.cn19:44 ET

Hong Kong stock announcement mining | Guangzhou Automobile Group's December autos sales were 0.2832 million units, up 9.30% year-on-year.

In December, Guangzhou Automobile Group's auto sales amounted to 0.2832 million vehicles, a year-on-year increase of 9.30%; Wanwuyun intends to invest about 0.227 billion yuan to acquire 100% equity of Zhongzhou Property.

Zhitong FinanceJan 5 05:43 ET

GAC Group Production and Sales Report for December 2024

SZSIJan 3 11:00 ET · Announcements

Gelonghui Announcement Highlights (Hong Kong Stocks) | Wanwuyun (02602.HK) plans to acquire 100% of Zhongzhou Property for 0.227 billion yuan.

[Today's Focus] Wanwu Cloud (02602.HK) plans to acquire 100% equity of Zhongzhou Property for 0.227 billion yuan. Wanwu Cloud (02602.HK) announced that on December 31, 2024, the company's wholly-owned subsidiary, Shenzhen Yuying Property Service Co., Ltd. (as the buyer), signed an Equity Transfer Agreement with an independent third party, Shenzhen Zhongzhou Investment Holdings Co., Ltd. (as the seller). According to this agreement, the company will purchase 100% equity of Shenzhen Zhongzhou Property Management Co., Ltd. (Zhongzhou Property) from Zhongzhou Investment for 226.95 million yuan. The Equity Transfer Agreement was approved by the seller's Board of Directors on January 2025.

Gelonghui FinanceJan 3 09:59 ET