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Express News | HAITONG SEC: The export of large-displacement motorcycles is experiencing high prosperity, with market share concentrating on domestic independent brands.
Express News | Chongqing Zonsen Power Machinery: 3.346 billion yuan has been paid to acquire 24.5513% of Loncin Motor's shares.
Loncin Motor Elects Chair
Express News | Chongqing Zonsen Power Machinery: The Market Supervision Administration has decided not to prohibit the acquisition of shares in Loncin Motor by Zonsen's new intelligent manufacturing.
Loncin Motor (603766) deep report: self-owned brand going abroad, Wujie rapidly increasing volume.
Investment highlights: loncin motor is an industry-leading manufacturer of motorcycles and engines, as well as general machinery, integrating research and development, production, and sales. It owns multiple brands, including loncin, jinglong, VOGE, and yinwei, with products sold in over 100 countries globally.
China Galaxy Securities: The effect of the local subsidy policy is significant, driving the revival of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24th, the national automobile scrappage renewal subsidy applications totaled 1.57 million, while local automobile replacement renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application volume, which significantly boosts domestic demand.