Companies with long-term net asset value per share below book value must disclose plans for valuation improvement. State-owned enterprises with net asset value per share below book value are expected to attract incremental funds.

On September 24, the China Securities Regulatory Commission publicly solicited opinions on the 'Guidelines for the Supervision of Listed Companies No. 10 - Market Cap Management (Consultation Draft)'. The guidelines require long-term companies trading below net asset value to disclose their valuation enhancement plans, including targets, deadlines, specific measures, and provide special explanations on the execution of the valuation enhancement plan during the annual performance briefing.

cls.cnSep 24 19:59 ET

In August, the penetration rate of new energy exceeded 50% again, with byd company limited and chongqing sokon industry group stock leading the way. China Association of Automobile Manufacturers: Adjusting the annual sales volume expectations upwards.

①The China Passenger Car Association released data showing that the narrow definition of passenger vehicle retail sales in August was 1.905 million units, a year-on-year decrease of 1.0%. ②Looking ahead for the whole year, the China Passenger Car Association will provide specific numbers for the expected increase in the electric vehicles market after comprehensive assessment.

cls.cnSep 9 06:53 ET

Automobile companies' semi-annual reports: BYD's revenue growth is over 1200 times that of Zotye, Chongqing Sokon's revenue growth is nearly 500%, and Xiaopeng is the most loss-making.

①Ten car companies achieved double growth in revenue and net income, accounting for half of the total. ②Among the 20 car companies, BYD outperformed the others, ranking first in both revenue and net income, with revenue 1,209 times that of Zotye Automobile. ③The declining performance of joint venture brands has also dragged down the performance of old car companies such as SAIC Motor Corporation and Guangzhou Automobile Group.

cls.cnAug 30 21:44 ET

Chongqing Sokon Industry Group Stock responded to the 'fluctuation' in delivery volume at the launch of the Wanjie New M7 Pro. Yu Chengdong: Selling one car results in a loss of 0.03 million.

①The high-cost process and the ADS basic version have become the core highlights of the new M7 Pro in the questioning domain. ②The starting price of the new M7 Pro in the questioning domain is 2.498 million yuan, and selling one car will result in a loss of nearly 0.03 million yuan. "(The new M7 Pro in the questioning domain) has a high cost, the materials used are very solid, and it can be said that the money is spent in invisible places." Yu Chengdong said.

cls.cnAug 26 06:00 ET

Exclusive: Huawei's Huawai Stock is being snatched up by car companies. After Chongqing Sokon Industry Group Stock enters the market, Avita is expected to increase its shareholding by another 10%.

①Chongqing Sokon Industry Group Stock announced that its subsidiary, Sokon Autos, plans to purchase a 10% equity stake in Shenzhen Yinwang for 11.5 billion yuan, with a transaction price of 11.5 billion yuan. ②On the same day, the reporter learned from informed sources that its subsidiary, Aweita, became a shareholder of Yinwang after Huawei, and Chang'an Group still has a 10% preemptive purchase right. Chang'an Group will subsequently increase its stake by 10% at a price of 11.5 billion yuan, and does not rule out the possibility that Aweita will still make the full purchase.

cls.cnAug 25 05:46 ET

Exclusive | Chongqing Sokon Industry Group Stock launches a new 'self-operated channel': flagship store will open in Beijing in September, and the debut of the new car models will be synchronized with 'in-store'.

①"Like Huawei, Chongqing Sokon industry group stock plans to open its own flagship store." Multiple insiders revealed to Caixin reporters. ②An insider from Chongqing Sokon industry group stock said, "Currently, the cooperation model with Huawei remains unchanged and will only deepen.

cls.cnAug 22 23:29 ET