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Loncin Motor (SHSE:603766) Has A Rock Solid Balance Sheet
Loncin Motor Elects Chair
China Galaxy Securities: The effect of the local subsidy policy is significant, driving the revival of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24th, the national automobile scrappage renewal subsidy applications totaled 1.57 million, while local automobile replacement renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application volume, which significantly boosts domestic demand.
While Individual Investors Own 39% of Loncin Motor Co., Ltd. (SHSE:603766), Private Companies Are Its Largest Shareholders With 50% Ownership
China Galaxy Securities: Q3 components boards achieve excess returns, passenger vehicle market continues "price war".
The price war in the Q3 passenger vehicle market continues and consumer wait-and-see sentiment affects market sales, while the commercial vehicle market is impacted by weak domestic demand, putting pressure on the performance of the automotive sector.
Loncin GM: Report for the third quarter of 2024 of Longxin General Dynamics Co., Ltd.
Loncin Motor Co., Ltd.'s (SHSE:603766) Shares Bounce 31% But Its Business Still Trails The Market
