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Lifan Technology (601777.SH): no collaboration with Baidu on self-driving cars.
On July 11, Gelunhui received inquiries from investors on the interactive platform regarding Lifan Technology's (601777.SH) collaboration with Baidu on self-driving cars, to which the company replied that they have not collaborated with Baidu on self-driving cars.
Lifan Technology's Sales Drop 5%, Output Jumps 49% in June; Shares Drop 7%
Lifan Technology Group (SHA:601777) car sales slipped 5.1% year on year to 5,025 units in June, but its production jumped 49% to 3,000 units in the same month, the company said in its filing on the Sh
Lifan Technology (Group) Co., Ltd. June 2024 production and sales report announcement.
Lifan Technology (601777.SH): Changes in the shareholding structure of major shareholders.
On July 2, Gelunhui reported that Lifan Technology (601777.SH) announced that it signed the "Chongqing Manjianghong Equity Investment Fund Partnership Enterprise (Limited Partnership) Property Share Transfer Agreement" with Chongqing Jianghehui Enterprise Management Co., Ltd. ("Jianghehui"), Chongqing Huili No.1 Enterprise Management Partnership Enterprise (Limited Partnership) ("Huili No.1"), Chongqing Huili No.2 Enterprise Management Partnership Enterprise (Limited Partnership) ("Huili No.2"), and Zhejiang Geely Holding Group Co., Ltd. ("Geely Holding") plans to transfer its holdings of the Manjianghong Fund in aggregate.
Lifan Technology (601777.SH): Geely Technology Group intends to transfer its holding of 100% equity in Jianghe Hui to Jianghe Shunshui.
On July 2nd, Gelun Hui reported that Lifan Technology (601777.SH) received a notice from shareholder Jianghe Hui, holding more than 5% of shares, that Geely Technology Group, the controlling shareholder of Jianghe Hui, signed an Equity Transfer Agreement with Jianghe Shunsui on July 1, 2024. Geely Technology Group intends to transfer its 100% equity in Jianghe Hui to Jianghe Shunsui for a total price of 2.43 billion yuan. Jianghe Hui directly holds 900 million shares of the company, accounting for 19.91% of the total share capital. Following the equity transfer, Jianghe Shunsui will hold 100% equity in Jianghe Hui, and thereby indirectly hold the said shares of Lifan Technology.
Lifan Technology (601777.SH): CarCloud has conducted external cooperation and application in the company's auto business field.
Lifan Technology (601777.SH) stated on the investor interaction platform on July 2 that the company is mainly involved in business areas such as autos, motorcycles, and general machinery, and currently does not involve low-altitude economy. Car-to-road cloud has carried out external cooperation and applications in the company's auto business field.
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