SHA:600741

2 stories mentioning SHA:600741Updated 40d ago

Every FINWIRES story that references SHA:600741, newest first.

Huayu Automotive Systems to Inject 300 Million Yuan into Partnership Fund

Huayu Automotive Systems (SHA:600741), through subsidiary Huayu Automotive Systems (Shanghai), plans to invest 300 million yuan into a partnership fund, according to a Shanghai bourse filing on Tuesday.The Shanghai Shangqi Shangcheng II Private Equity Investment Fund Partnership (Limited Partnership), which was established in 2012, will increase its committed capital to 3.39 billion yuan.Huayu will own 8.85% of the partnership fund.The Chinese automotive parts maker's shares dropped 3% at the close.

SHA:600741

Asia102d ago

HUAYU Automotive Systems Q1 Profit Down 3%, Revenue Ticks Down 1%

Huayu Automotive Systems (SHA:600741) posted first-quarter attributable net profit of 1.24 billion yuan, down 2.6% from 1.28 billion yuan the previous year.Earnings per share declined to 0.395 yuan from 0.405 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue ticked down 1.0% year over year to 40.2 billion yuan from 40.6 billion yuan.Shares of the automotive parts maker were down 3% Wednesday.

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