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Dongxing Securities: The scope of trade-in exchanges has expanded, and the trend of hybrid models continues.
Despite the slowdown in the export of pure electric vehicles, the export of plug-in hybrid vehicles is showing strong growth. Looking ahead to 2025, with the expanded coverage of subsidy policies, the auto market is expected to remain stable.
Kehua to Establish Thailand Subsidiary and Production Base
Chinese Shares Closes With Losses; Wuxi Taiji, Kehua, Maanshan Close Around 5%
Kehua Holdings to Invest Up to $16 Million in Thai Production Base; Shares Down 3%
Kehua Holdings (603161.SH): Plans to invest no more than 16 million US dollars to establish a wholly-owned subsidiary in Thailand and build a production base in Thailand.
On December 19, Gelonghui reported that Kehua Holdings (603161.SH) announced that in order to align with the trend of international development and further expand into overseas markets, the company plans to invest no more than 16 million USD of its own funds to establish a wholly-owned subsidiary in Thailand and build a production base in Thailand. The investment funds are intended for establishing the subsidiary, constructing the factory and related facilities, purchasing and relocating equipment, company operations, and hiring professional Institutions among other related matters. The company will implement the construction of the Thailand production base in phases according to market demand and the progress of Business.
Express News | Kehua Holdings: plans to invest no more than 16 million USD to establish a wholly-owned subsidiary in Thailand.