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FINWIRES

Afari's June Sales Drop 18%; Shares Up 5%

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Chongqing Afari Technology's (SHA:601777) sales for June dropped 18% year on year to 8,311 units, according to a Shanghai bourse filing on Friday.

Among these, was the sales of new energy vehicles, or NEVs, which recorded a 77% slump to 682 units.

The vehicle manufacturer's output fell 3.6% year on year to 7,940 units.

The company's shares jumped 5% during the afternoon trade.

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