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Guangzhou Automobile Group Co Ltd (2238.HK)

2238.HK on Hong Kong Stock

12.52HKD
23 Mar 2017
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Mon, Mar 13 2017

BRIEF-Guangzhou Automobile's unit receives government supporting fund of 300 mln yuan

* Says unit receives government supporting fund of 300 million yuan ($43.42 million)

BRIEF-Guangzhou Automobile's unit plans auto venture fund worth 3 bln yuan

* Says unit plans to set up auto venture fund with size at 3.0 billion yuan ($434.33 million) for areas such as new energy cars

BRIEF-Guangzhou Automobile says Feb total production volume for vehicles 127,518 units

* In Feb, sales volume of total for vehicles 114,433 units Source text: (http://bit.ly/2m2yG6z) Further company coverage:

BRIEF-Guangzhou Automobile updates on monthly production volume for passenger vehicles

* Jan production volume for passenger vehicles 146,244 units up 7.02 percent

BRIEF-Guangzhou Automobile expects 2016 net profit to rise, receives govt fund

* Says it receives government supporting fund of 300 million yuan ($43.60 million)

BRIEF-Guangzhou Automobile says application for acceptance of non-public issuance of A shares accepted

* Acceptance of application for non-public issuance of A shares by CSRC

BRIEF-Guangzhou Automobile Group elects Feng Xingya as general manager

* Says board elects Feng Xingya as general manager, replacing Zeng Qinghong

BRIEF-Guangzhou Automobile to boost capital at GAC Capital by 500 mln yuan

* Says it plans to boost capital at GAC capital by 500 million yuan ($72.79 million)

BRIEF-Guangzhou Automobile Group posts Oct production volume of 136,026 units

* october total sales volume 158,096 units Source text (http://bit.ly/2fKqyph) Further company coverage:

Guangzhou Auto raising up to $2.2 bln in green car, proprietary brand push

BEIJING, Nov 1 China's sixth-largest car maker by sales, Guangzhou Automobile Group (GAC Group) , plans to sell up to 15 billion yuan ($2.2 billion) worth of shares to fund development of its green car business, proprietary brands and factories, the firm said late on Monday.

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