HKG:1809

2 stories mentioning HKG:1809Updated just now

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Prinx Chengshan Changes CEO Title to President in Management Rejig

Prinx Chengshan Holdings (HKG:1809) Chief Executive Officer Che Baozhen will step down on Aug. 1 as part of the company's long-term development plans and his personal career arrangements, according to a Wednesday filing with the Hong Kong Exchange.Che will remain an executive director and focus on the strategic planning of the company's global development, the tire manufacturer said.The company also renamed the CEO position to president and appointed current Executive President Jiang Xizhou to the role, effective Aug. 1.

HKG:1809

Asia45d ago

Prinx Chengshan Unit to Acquire Equipment for Malaysian Tire Production Project

Prinx Chengshan Holdings (HKG:1809) unit Prinx Tire (Malaysia) agreed to acquire certain equipment from Qingdao MESNAC Machinery and Electric Engineering for 116.1 million yuan, according to a May 29 Hong Kong bourse filing.Shares of the tire manufacturer were up nearly 3% in Monday afternoon trading.The equipment comprises 55-inch and 48-inch hydraulic curing presses for all-steel tires, as well as an open mixing mill.The purchases will facilitate the firm's construction of a tire production base in Malaysia.

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