SHA:601777

4 stories mentioning SHA:601777Updated 6d ago

Every FINWIRES story that references SHA:601777, newest first.

Afari to Acquire Ronggan Technology for 26 Million Yuan to Boost Autonomous Driving Technology

Chongqing Afari Technology (SHA:601777), through unit Chongqing Qianli Intelligent Driving Technology, plans to fully acquire Ningbo Ronggan Technology for 25.9 million yuan, according to a Shanghai bourse filing on Friday.Ronggan Tech specializes in millimeter-wave radar and sensor-fusion perception technologies.The acquisition will help boost Afari's smart driving technology for L2 to L4 autonomous driving levels.The vehicle manufacturer's shares rose 5% during the afternoon trade.

SHA:601777

Asia41d ago

Lifan Technology's Sales Rise 20% in April; Production Expands 80%

Lifan Technology's (SHA:601777) sales grew 20% year over year to 7,590 vehicle units in April, according to a Friday disclosure to the Shanghai bourse.Production expanded 80% year over year to 7,283 vehicles.

SHA:601777

Asia51d ago

Afari Tech's Q1 Profit Surges 141%, Revenue Jumps 31%

Chongqing Afari Technology's (SHA:601777) net profit attributable to shareholders in the first quarter surged 141% to 48.4 million yuan from 20 million yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share soared 143% year on year to 0.0107 yuan from 0.0044 yuan.Operating revenue jumped 31% to 2.36 billion yuan from 1.81 billion yuan in the previous year.

SHA:601777

Asia56d ago

Afari Tech Resubmits Hong Kong Listing Application

Chongqing Afari Technology (SHA:601777) resubmitted its application for its planned listing on the Hong Kong Stock Exchange, according to a Shanghai bourse filing on Friday.

SHA:601777

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