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The traditional peak season at the end of the year combined with the "old-for-new" policy brings growth! The A-share Autos sector is experiencing strong fluctuations.
In November, monthly production and sales of Passenger Vehicles surpassed 3 million units for the first time. Institutions pointed out that the traditional peak season at the end of the year, combined with the "trade-in for new" policy, has increased the retail momentum in the Passenger Vehicle market.
The A-share Autos complete vehicle Sector is rising, with Anhui Ankai Automobile hitting the daily limit.
On December 17, Gelonghui reported that Anhui Ankai Automobile hit the limit up, with Xiamen King Long Motor Group, Yutong Bus Co.,Ltd., Zotye Automobile, SAIC Motor Corporation, and Zhongtong Bus Holding also experiencing gains. In terms of news, data shows that in the first 11 months of this year, the production and sales of new energy vehicles in China reached 11.345 million units and 11.262 million units, an increase of 34.6% and 35.6% year-on-year respectively, with new energy vehicle sales accounting for 40.3% of total automobile sales.
Express News | Jinlong New energy buses are delivered in batches to Yichang.
Express News | More than 20 A-share listed companies disclosed their latest merger and acquisition announcements this week. Dark Horse Technology Group intends to purchase 100% equity of Banxintong.
Express News | Xiamen King Long Motor Group: The company's current production and operation situation is normal.
Xiamen King Long Motor Group Signs Framework Deal to Purchase 40% Equity of Xiamen King Long Touring Vehicle
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