Hangcha Group (603298.SH): plans to establish Hangcha Europe Leasing Limited with the French general agent.

On July 4, Guolonghui announced that Hangcha Group (603298.SH) plans to establish Hangcha Europe Leasing Co., Ltd in France in conjunction with CAPMEUROPE, the company's general agent in France. This move is in line with the company's global business strategy to further improve its sales and rental network, expand overseas rental business, enhance its global marketing resources allocation, innovate marketing models, establish a fast and efficient financing and operational leasing system, and enhance the company's brand image. The company will hold 60% of the shares and invest 1.8 million euros, while CAPMEUROPE will hold 40% of the shares.

Gelonghui FinanceJul 4 04:40 ET

Hangcha Group (SHSE:603298) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and se

Simply Wall StJun 27 21:35 ET

Hangcha Group Co., Ltd (SHSE:603298) Shares Could Be 29% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hangcha Group fair value estimate is CN¥28.28 Hangcha Group is estimated to be 29% undervalued based on current share price of CN¥20.06 Th

Simply Wall StJun 14 18:26 ET

China Great Wall Securities: In April, the total sales volume of domestic forklifts increased by 23.94% year-on-year, with significant trends towards lithium-ion battery and internationalization.

According to iFind data, China Great Wall Securities released research reports stating that the total sales volume of forklifts in China in April 2024 was 123,876, an increase of 23.94% year-on-year and a decrease of 9.80% month-on-month; the sales volume of electric forklifts in April was 90,065, an increase of 37.99% year-on-year and a decrease of 3.86% month-on-month; in terms of exports, the export volume of forklifts in China in April was 38,804, an increase of 11.75% year-on-year and a decrease of 4.62% month-on-month; the cumulative export volume from January to April was 144,406 units, up 21.05% year-on-year. The export volume of forklifts remained at around 33% of the total sales volume. Forklift market.

Zhitong FinanceJun 12 02:11 ET

Hangcha Group (603298.SH) plans to pay 0.5 yuan per share to 0.4 shares in 2023, excluding interest on May 31

Hangcha Group (603298.SH) announced that the company plans to pay a cash dividend of 0.5 yuan per share in 2023 (...

Zhitong FinanceMay 23 07:12 ET

Hangcha Group's (SHSE:603298) Earnings Growth Rate Lags the 29% CAGR Delivered to Shareholders

It's been a soft week for Hangcha Group Co., Ltd (SHSE:603298) shares, which are down 11%. But that doesn't change the fact that the returns over the last five years have been very strong. It's fa

Simply Wall StMay 21 19:47 ET