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Guangzhou Automobile Group Co Ltd (2238.HK)

2238.HK on Hong Kong Stock

24 Jul 2017
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Thu, Jul 6 2017

BRIEF-Guangzhou Automobile Group's unit to invest $163.7 mln in engine project

* Says board approves unit to invest $163.7 million in engine project

BRIEF-Guangzhou Automobile updates on June month production volume of vehicles

* For june, total production volume of vehicles 183,486 units versus 133,695 units

BRIEF-Guangzhou Automobile Group to boost unit's capital by 1.2 bln yuan

* Says board approves to boost hangzhou unit's capital by 1.2 billion yuan ($176.13 million)

BRIEF-Guangzhou Auto signs agreement with Huawei Technologies on business development

* Says it signs strategic agreement with Huawei Technologies on business development

BRIEF-Guangzhou Automobile Group to pay FY 2016 annual div on June 13

* Says it will pay FY 2016 cash dividend to shareholders of record on June 12

BRIEF-Guangzhou Automobile plans to set up new energy car unit

* Says it plans to set up new energy car unit with registered capital of 600 million yuan ($88.20 million)

BRIEF-Guangzhou Automobile's vehicle sales up 22.2 pct y/y in May

* Says it sold 165,505 vehicles in May, up from 135,389 vehicles year ago

BRIEF-Guangzhou Auto board approves JV's project, unit's logistics centre and car park project

* Says board approves its JV's GSE T4 engine production project with investment of 688.8 million yuan ($99.94 million)

BRIEF-Guangzhou Automobile says April 2017 sales volume of passenger vehicle 169,676 units

* Guangzhou automobile group co ltd says production volume of passenger vehicles for april 2017 164,037 units Source text: [http://bit.ly/2qIbN7X] Further company coverage:

BRIEF-Guangzhou Automobile Group Co Ltd posts Q1 net profit of RMB3.83 billion

* Qtrly revenue from operations RMB 16.88 billion versus RMB 10.14 billion Source text for Eikon: [http://bit.ly/2ppkggQ] Further company coverage:

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