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Zhuhai Enpower Electric (300681.SZ): plans to jointly establish a joint venture with Hangcha Group to further expand business in the field of electric industrial vehicles.
On July 14th, Gelonhui reported that Zhuhai Enpower Electric (300681.SZ) signed a cooperation contract with Hangcha Group to establish Zhejiang Huahang Electric Drive Co., Ltd. together, in order to further expand their business in the field of electric industrial vehicles. The registered capital of the joint venture is 50 million RMB, with the company contributing 17.5 million RMB in cash, accounting for 35% of the registered capital, and Hangcha Group contributing 27.5 million RMB in cash, accounting for 55% of the registered capital. The management teams of both parties established the Hangzhou Hanger Enterprise Management Partnership Enterprise (hereinafter referred to as Hanger Enterprise Management) as a partnership enterprise.
Hangcha Group Co., Ltd's (SHSE:603298) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
It is hard to get excited after looking at Hangcha Group's (SHSE:603298) recent performance, when its stock has declined 11% over the past three months. But if you pay close attention, you might
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.
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
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
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.
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