FINWIRES · TerminalLIVE
FINWIRES

Jiangling Motors' May Sales Rise 6%; Production Climbs Nearly 10%

By

Jiangling Motors' (SHE:000550) sales increased 6% to 32,278 in May from 30,458 units in the year-ago period, according to a Thursday filing with the Shenzhen bourse.

Production jumped 9.7% to 34,922 units from 31,833 units.

Related Articles

Asia

Zodi Investment Unit Gets Court Order to Auction Property

Beijing Zodi Investment's (SHE:000609) unit, Chongqing Zhongmei Heng Real Estate, received a court order to auction its property as part of a construction contract dispute, according to a Shenzhen bourse filing on Thursday.In 2023, China Construction First Group sued the Chinese real estate developer for unpaid dues for the construction of the Liangjiang Zhongdi Plaza.Chongqing First Intermediate People's Court ordered to auction the property in Renhe Area, Northern New District, Chongqing, China as part of Zhongmei Heng's settlement with China Construction First.The starting price for the auctioned property is 622.5 million yuan.

$SHE:000609
Asia

Yunnan Baiyao Secures US FDA Approval for Metabolic Disorder Drug

Yunnan Baiyao's (SHE:000538) INB301 Injection obtained clearance from the U.S. Food and Drug Administration to conduct clinical trials for treating cancer cachexia.Cancer cachexia is a complex metabolic disorder characterized by persistent muscle wasting, according to a Thursday filing with the Shenzhen bourse.Shares of the drug manufacturer closed 1% lower Thursday.

$SHE:000538
Asia

Mangal Electrical Industries CFO Resigns

Mangal Electrical Industries (NSE:MEIL, BOM:544492) Chief Financial Officer Pawan Mendiratta has resigned, citing personal reasons, according to an India bourse filing on Thursday.His resignation will take effect from Sept. 3, the company said.Shares of the company rose over 1% in recent trade.

$BOM:544492$NSE:MEIL