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China Automotive Engineering Research Institute (SHSE:601965) Is Experiencing Growth In Returns On Capital
China Automotive Engineering Research Institute (601965.SH): proposes to establish a wholly-owned subsidiary with a total investment not exceeding 0.9 billion yuan
Gelonghui September 23 - China Automotive Engineering Research Institute (601965.SH) announced that in order to seize the development opportunities in the field of new energy car aftermarket technical services, expand the company's development track, China Automotive Engineering Research Institute plans to invest in the establishment of a wholly-owned subsidiary with its own funds, bank loans, or other self-raised funds not exceeding 0.9 billion yuan. The subsidiary will mainly engage in automobile aftermarket technical services, new energy characteristic detection equipment products, and industry services. China Automotive Engineering Research Institute has already made technological reserves in relevant fields. Against the background of national "carbon neutrality" policies, the company plans to seize the industry development opportunities and explore the aftermarket technology services for new energy vehicles.
Solid Earnings May Not Tell The Whole Story For China Automotive Engineering Research Institute (SHSE:601965)
China Automotive Engineering Research Institute Co., Ltd.'s (SHSE:601965) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥482m Last Week
China Automotive Engineering Research Institute's H1 Profit Jumps 17%; Shares Rise 3%
China Automobile Research 2024 Semi-Annual Report
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