00360 NEW FOCUS AUTO
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NEW FOCUS AUTO News
Express News | Daiwa: Downgraded the rating of non-essential consumer industry in china to shareholding, upgraded the rating of medical care industry to neutral.
New Focus Auto (00360.HK) established a technology company in Shenzhen earlier this month, planning to establish an auto parts manufacturing company in Shanghai later.
New Focus Auto (00360.HK) announced that its wholly-owned subsidiary, New Focus Auto Holdings (Peking), chaired by Executive Director Tong Fei, along with Shenzhen Ke Shang, established a new company, New Focus Newtek (Shenzhen), on September 4 this year with a registered capital of 10 million RMB (as below). Among them, New Focus Auto Holdings (Peking), Tong Fei, and Shenzhen Ke Shang contributed 45 million, 1 million, and 4.5 million RMB respectively. New Focus Newtek (Shenzhen) is a subsidiary company indirectly owned by New Focus Auto with 45% equity. New Focus Newtek (Shenzhen) will mainly engage in the sales of distribution switch control equipment, electrical utilities.
The new focus auto subsidiary intends to establish a new company in Shenzhen, New Focus Autotech (Shenzhen).
New Focus Auto (00360) announced that the board of directors declared on September 4, 2024, the company directly wholly-owned subsidiary New Focus Holdings (Peking), the chairman and executive director Mr. Tong, and Shenzhen Ke Shang established a new company New Focus New Tech (Shenzhen), with a registered capital of RMB 10 million, of which New Focus Holdings (Peking), Mr. Tong, and Shenzhen Ke Shang contributed RMB 4.5 million, RMB 1 million, and RMB 4.5 million respectively. New Focus New Tech (Shenzhen) is a subsidiary company indirectly owned by the company with 45% equity interest. Shenzhen, as a technology innovation center, in autos and electronics sector.
new focus auto (00360.HK) plans to establish two non-wholly owned subsidiaries.
Granco Union announced on September 26 that the board of directors declared that on September 4, 2024, the company's wholly-owned subsidiary, New Focus Holdings (Beijing), the company's chairman and executive director Tong, and Shenzhen Ke Shang established a new company, New Focus Nutech (Shenzhen), with a registered capital of 10 million RMB, of which New Focus Holdings (Beijing), Tong, and Shenzhen Ke Shang contributed 4.5 million RMB, 1.0 million RMB, and 4.5 million RMB respectively. New Focus Nutech (Shenzhen) is a subsidiary company in which the company indirectly owns 45% equity. The board of directors also announced, new focus auto.
New Focus Auto Tech Expands With New Subsidiaries
New Focus Auto (00360.HK) entered into a park entry contract for the investment and establishment of a new energy vehicle electronic industry manufacturing base project.
格隆汇September 26th | New Focus Auto (00360.HK) announced that on September 26, 2024, its wholly-owned subsidiary, New Focus Auto Technology (Peking) Co., Ltd. ("New Focus Peking"), entered into an investment establishment contract for the industrial park of high-tech new energy autos electronics manufacturing with the Management Committee of Gaoxin Technology Industrial Development Zone in Fuzhou, Jiangxi Province ("Fuzhou Gaoxin Zone Management Committee"). The main contents of the contract are as follows: Project Overview: New Focus Peking will establish an independent entity in the jurisdiction of Fuzhou Gaoxin Zone Management Committee.
NEW FOCUS AUTO: INTERIM REPORT 2024
The mid-term comprehensive income of New Focus Auto (00360.HK) is approximately 0.238 billion yuan, a year-on-year decrease of approximately 7.23%.
On August 30th, GeLongHui announced that by mid-2024, the group's comprehensive income was approximately RMB 237,593,000, a decrease of approximately 7.23% compared with the same period last year. During this period, the company's equity shareholders' share of the loss was approximately RMB 15,917,000 (RMB 5,228,000 for the same period in 2023). The increase in losses was mainly due to a decrease in other income and other net gains and losses, as well as an increase in administrative expenses.
New Focus Auto (00360) released its interim results, and the shareholders' net loss attributable to the company expanded by 204.46% year-on-year to 15.917 million yuan.
New Focus Auto (00360) released its interim performance for the six months ended June 30, 2024. During this period, the group achieved...
NEW FOCUS AUTO: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
New Focus Auto Tech Strengthens Board Independence
New Focus Auto Tech Bolsters Board With Legal Expert
New Focus Auto Tech Announces Board Reshuffle
New Focus Auto (00360): Luo Baiyun has been appointed as an independent non-executive director.
new focus auto (00360) announced that Luo Baiyun has been appointed as an independent non-executive director and a member of the company's audit committee and remuneration...
New focus auto (00360.HK) failed to meet the listing rules regarding the number of independent non-executive directors and will promptly fill the vacancy.
New Focus Auto (00360.HK) announced that Huang Bo resigned from the positions of independent non-executive director, member of the remuneration committee, and member of the audit committee due to other work arrangements, effective from last Friday (16th). The company stated that after Huang Bo's resignation, the number of independent non-executive directors and members of the audit committee is lower than the minimum number required by the listing rules of the Hong Kong Stock Exchange. In addition, the company is seeking suitable candidates to fill the vacancy of the independent non-executive director and member of the audit committee. The company will make every effort to appoint suitable candidates as soon as possible under feasible circumstances to ensure compliance with the listing rules.
New Focus Auto Tech Announces Director Resignation
New Focus Auto Announces Board Restructure
New Focus Auto (00360.HK): Huang Bo resigned as an independent non-executive director.
New Focus Auto (00360.HK) announced that Huang Bo has resigned from his position as an independent non-executive director, member of the remuneration committee, member of the nomination committee, and member of the audit committee due to other work arrangements, effective from August 16, 2024.
New Focus Auto Tech Prepares for Key Board Meeting
New Focus Auto (00360.HK) plans to hold a board of directors meeting on August 30th to approve its mid-term performance.
New Focus Auto (00360.HK) announced that the board of directors will hold a meeting on Friday, August 30, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024, as well as consider distributing interim dividends (if any).
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