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Jiangsu Changshu Automotive Group Trim (603035.SH): plans to establish a joint venture company Wuhu Antonglin.
On December 13, Gelonghui reported that Jiangsu Changshu Automotive Group Trim (603035.SH) announced plans to establish a joint venture company in Wuhu City, Anhui Province with Antonglin (China) Investment Co., Ltd. to expand its industrial layout, enhance the company's comprehensive competitiveness, and achieve sustainable development strategy. The company is temporarily named Wuhu Antonglin Asia Vets Cockpit System Co., Ltd. (abbreviated as "Wuhu Antonglin") (the final name will be subject to approval by the registration authority). The company’s business scope includes: manufacturing of vehicle Asia Vets cockpit system parts and accessories; wholesale of auto parts; mold sales; promotion of New Materials technology.
jiangsu changshu automotive group trim (603035.SH): maintaining stable and good cooperative relationships with partners such as BYD, Tesla, Xiaomi, etc.
Gelonghui November 12th | Jiangsu Changshu Automotive Group Trim (603035.SH) stated at the performance briefing that as of the first half of 2024, the proportion of new energy sales to total sales has reached 32.50%. Overall, the company's new energy customers continue to grow, maintaining stable and good partnerships with BYD, Tesla, Volkswagen, Mercedes-Benz, BMW, NIO, Li Auto, XPeng, Leapmotor, BAIC BluePark, Chery New Energy, Xiaomi, etc., essentially covering the entire new energy vehicle industry, providing a guarantee for the company's future sustainable development.
Jiangsu Changshu Automotive Trim Elects Chair
Jiangsu Changshu Automotive Group Trim (603035.SH): Electing Luo Xiaochun as the company's chairman.
GeLongHui November 11th | Jiangsu Changshu Automotive Group Trim (603035.SH) announced that the members of the fifth board of directors of the company were elected at the company's second interim shareholders' meeting in 2024 held on November 11, 2024. In accordance with the "Company Law", "Articles of Association" and other relevant regulations, the first meeting of the fifth board of directors held on the same day reviewed and approved the "Resolution on Electing Mr. Luo Xiaochun as the Chairman of the Company", agreeing that Mr. Luo Xiaochun would serve as the Chairman of the fifth board of directors of the company, with a term from the date of approval by this board of directors until the expiration of this board of directors.
Jiangsu Changshu Automotive Group Trim (603035.SH): plans to repurchase shares worth 0.15 billion yuan to -0.3 billion yuan.
Gelonghui November 1 | jiangsu changshu automotive group trim (603035.SH) announced that the total amount of funds intended for repurchasing shares shall not be less than RMB 150 million and shall not exceed RMB 300 million, with a repurchase price not exceeding RMB 21.17 per share, all of which will be used for cancellation and reduction of the company's registered capital.
Huachuang Securities Downgrades Jiangsu Changshu Automotive Trim Group to Add From Strong Buy; Price Target Is 16.80 Yuan
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