Geely Automobile (HKG:0175) reported sales of 237,637 vehicles in May, up 1% from 235,208 units a year earlier, according to a Monday Hong Kong bourse filing.
Of the total, Geely-branded sales slipped 3% to 182,528 units, including 81,727 Galaxy units, which were down 20% from a year ago.
ZEEKR deliveries rose 82% to 34,377, while Lynk & Co. sales slid 25% to 20,732.
For the five months ended May 31, sales grew 1% to nearly 1.2 million vehicles.
Beijing Oriental Yuhong Waterproof Technology (SHE:002271) subsidiary Oriental Yuhong Indonesia will purchase a 55% stake in two Indonesian building material companies for 1.426 trillion Indonesian rupiah, according to a Saturday filing with the Shenzhen bourse.Oriental Yuhong Indonesia will inject capital to purchase 14.47%, or 3 million newly issued shares, and 40.53% of existing shares in Inter Aneka Lestari Kimia or PTIALK from sellers Unichem Indomulia and Herman Moeliana for 859.5 billion rupiahs.Yuhong's Indonesian arm will then purchase a 55% stake in Adhi Cakra Utama Mulia, which sells PTIALK's products, for 259.9 billion rupiahs.
Dae Dong Steel's (KRX:048470) co-CEO Hyung-Ki Lim passed away, according to a Monday South Korea bourse filing.The firm renamed co-CEO Ju-hee Lim as its new CEO on May 31.