In March 2012, Linzhou Heavy Machinery issued RMB 650 million of convertible company bonds, in order to construct roadheader and coal mining machine projects. The project planned to add the roadheader production capacity of 260 units per year. The construction period for the two projects is 18 mo...
In February, 2012, Tiandi Science and Technology signed a contract with Ukraine Lixiqiangsk Co., Ltd. (a state-owned company in Ukraine) valued USD59.4 million, mainly providing the latter with mec...
ZMJ plans to release no more than 200 million H-shares in 2012 and the preparations for list have started in February 2012. The raised capital is mainly invested to establish sale network in North ...
In 2011, Xinjiang Joinworld publicly raised RMB1.15 billion to invest in 20 kt high purity aluminium, 20 kt electronic aluminum foil and 12 million square meters electrode foil project. Currently, ...
Dongyangguang Aluminum, ranking first in medium and high pressure formed foil production in China, is also one of few high-performance formed foil manufacturers in China that can meet the market de...
Sanhua announced to acquire stakes in Gree for no more than RMB300 million in January of 2011. As the largest customer of Sanhua, the procurement value from Sanhua accounts for 16.4% of Sanhua&rsqu...
DunAn Environment established a wholly-owned subsidiary, Wuhu DunAn Zhongyuan Autocontrol Equipment Co., Ltd., in Wuhu of Anhui province in December of 2011. DunAn Environment has invested RMB 440....
Chinese government has suspended nuclear project approval and upgraded nuclear safety standards continuously since the Fukushima nuclear plant leak accident in 2011. The two plans which determine t...
Nantong Jianghai Capacitor Co. Ltd. (002484.SZ) invested RMB 200 million to build 10 high-voltage & large-capacity film capacitor production lines so as to enter into high-end film capacitor ma...
Yongda Auto, the largest auto distributor in Shanghai, planned to list in HongKong Stock Market in Feb. 2012, with initial targeted fund raising of USD500-600 million. Those 4S stores under Yongda ...
SGM (Shanghai General Motor) announced recently that Buick Encore will put into production in China in 2012. Encore will be the first compact SUV model made in China by Buick.
The sales volume ...
As of December 2011, sales revenue of Haval SUV produced by Great Wall Motors exceeded 600,000 units, which enabled it to become the first SUV brand with sales volume breaking through 600,000 units...
Recently, phase II of LIFAN’s No.1 factory has been put into production, which increased sedan capacity from 100,000 units to 180,000 units. Meanwhile, its No.2 factory with designed capacity...
According to the latest Official Business Vehicle Procurement Regulations in China, displacement of general official business vehicle and law-enforcement vehicle was reduced from 2.0L to 1.8L, and ...
Since the second half year of 2011, frequent occurrence of school bus safety problems in China has aroused government and public attention. The Safety Regulations on School Bus which is about to be...
Dongfeng Nissan announced in 2011 Guangzhou Auto Show that, it will launch high-end MPV QUEST into Chinese market in the form of imported cars in the beginning of 2012.
In the medium and high-e...
Chevrolet released the world’s first range-extended electric vehicle Volt at Guangzhou International Auto Show in 2011 and announced that Volt will be sold in the Chinese market through impor...
Accumulative sales volume of Mazda reached 174,013 units, a decline of 6% YoY; while its sales volume in October achieved 17,266 units, down 11% YoY.
Mazda’s business in China has slipped...
Sales volume of Toyota achieved 82,000 units in October 2011, up 32% YoY; while the accumulative sales volume from January to October increased by 7.8% YoY to 698,000 units, accounting for merely 7...
Total sales volume of Skoda Fabia, Superb and Octavia accumulated to 168,352 units in China during Jan. to September in 2011.
Sales volume of Fabia reached 36,476 units in Jan.-Sept. 2011. Curr...
In Oct. 2011, the latest energy-saving vehicle catalog was released in China. The new standard requires the average fuel consumption per 100 km to be reduced to 6.3L from 6.9L. There are 49 sedan m...
Recently, Brilliance Auto Group (01114.HK) announced to sell its subsidiary of Shenyang Chenfa which engages in manufacturing of auto parts. This was caused by the flagging sales volume of Zhonghua...
Recently, Jaguar Land Rover and Chery basically finished negotiation on joint venture issue. Jaguar Land Rover plans to realize local production of Jaguar and Land Rover within 2012.
The tremen...
Recently, Audi announced that it will introduce A1 and A7 to the Chinese market, with the aim to further expand product range and meet strong demand of luxurious cars in China. Besides, Audi starte...
Chinese government has strongly support the new energy vehicle market by launching new energy vehicle industrial policy in 2010. Many vehicle manufacturers are optimistic about the new energy marke...
Sales volume of Beijing Hyundai VIII Sonata has steadily increased since it was launched in April 2011. For the first month it appears on the market, its sales volume exceeded 6,000; moreover, its ...
BYD Auto is planning a new round of internal adjustment of staff and organizational structure after its substantial layoffs in August. Its successive internal integration should be attributed to th...
New policy on energy efficiency vehicle subsidy will be implemented in China on 1 Oct. 2011, which will still apply the old subsidy standard of RMB3, 000/unit. However, compared to the old standard...
Recently, Jaguar Land Rover announced that its dealers would increase from 60 to 100 by the end of 2011. Since 2010, Jaguar Land Rover has enjoyed the fastest growth in China among global market.
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In Sept. 2011, Double Coin announced that it would introduce Michelin to increase capital to its subsidiary Double Coin Holdings (Anhui) Warrior Tire Co., Ltd to further improve truck tire business...