" />
English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 23 September 2014, 19:00 HKT/SGT
Share:
    

Source: China Dynamics (Holdings) Limited
Beijing Motor City Further Increases Shareholdings of China Dynamics

HONG KONG, Sept 23, 2014 - (ACN Newswire) - China Dynamics (Holdings) Limited ("China Dynamics" or the "Group") (Stock Code: 476), a company proactively expanding its business into the new energy industry, is pleased that the State-owned enterprise ("Beijing Motor City") has further increased its shareholdings to 5.21% of issued share capital of China Dynamics.

Beijing Motor City is under the supervision of the State-owned Assets Supervision and Administration Commission of Shunyi District, Beijing and is responsible for the development and management of the automotive manufacturing base in Beijing. In April 2014, China Dynamics entered into a Joint Venture (JV) Agreement with a wholly-owned subsidiary of Beijing Motor City, to engage in the research, development and manufacture of lithium polymer batteries systems and control systems for electric vehicles. The JV Company is well-positioned to seize the opportunities from the subsidies provided to environmentally-friendly industries and electric vehicles by many provinces and cities in the PRC.

Contact:
Strategic Financial Relations Limited
Vicky Lee       Tel: 2864 4834    Email: [email protected]
Angela Ng       Tel: 2864 4855    Email: [email protected]
Sadie Lam       Tel: 2864 4861    Email: [email protected]
Fax: 2527 1196
Website: www.sprg.com.hk




Topic: Press release summary
Sectors: Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

China Dynamics (Holdings) Limited Releated News
Dec 11, 2020 15:57 HKT/SGT
中国动力于菲律宾达沃市举办电动巴士车队启动礼
Dec 11, 2020 15:56 HKT/SGT
中國動力於菲律賓達沃市舉辦電動巴士車隊啟動禮
Dec 11, 2020 15:55 HKT/SGT
China Dynamics Launches Electric Buses in Davao, Philippines
Nov 19, 2020 22:07 HKT/SGT
中国动力向菲律宾交付首款冷气电动巴士
Nov 19, 2020 22:06 HKT/SGT
中國動力向菲律賓交付首款冷氣電動巴士
More news >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575