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Shanghai Automotive Parts (603107.SH): Shanghai Woyun and Xin'ao Yun plan to reduce their shareholding by no more than 3%.
Gelonghui on December 4th | Shanghai Automotive Parts (603107.SH) announced that Shanghai Woyun and Xinaoyun plan to reduce their shareholding in the company by a total of no more than 10,120,000 shares through block trades and concentrated bidding, which is not more than 3% of the total share capital of the company.
Shanghai Automobile Air-conditioner Accessories to Set Up Moroccan Unit for 100 Million Yuan
Shanghai Automotive Parts Co., Ltd. (603107.SH): Intends to establish a wholly-owned subsidiary in Morocco.
On November 29, Glonghui reported that Shanghai Automotive Parts (603107.SH) announced the establishment of a wholly-owned subsidiary in Morocco. The planned investment will not exceed the equivalent of 0.1 billion yuan in self-owned funds, with specific investment timings and amounts to be gradually invested based on the local registered capital contribution requirements and the actual needs of the symbol company. The investment amount will mainly be used for establishing the symbol company, purchasing land, constructing and renovating factory buildings, purchasing production equipment and supporting facilities, and other related matters.
Shanghai Automobile Air-Conditioner Accessories (SHSE:603107) Might Be Having Difficulty Using Its Capital Effectively
Shanghai Automotive Parts (603107.SH): Actively layout new business areas such as integrated modules, hydrogen distribution pipes.
Gelonghui, November 12th: Shanghai Auto Parts (603107.SH) stated at the performance briefing that after more than 30 years of development, the company has accumulated a very high-quality customer base, serving these customers is the basis for the company's further development. At the same time, the company also closely monitors changes in the auto market. In the field of new products, the company actively lays out new business areas such as integrated modules, CO2 new refrigerant pipelines, and hydrogen distribution pipes. In addition, we also continue to monitor market dynamics, strive to develop new customers, continuously improve production processes, and are committed to providing customers with more comprehensive and cost-effective products.
Shanghai Auto Air Conditioning Parts Co., Ltd. Report for the Third Quarter of 2024
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