SHA:603129

Cfmoto Power Issues 2.18 Billion Yuan Convertible Bonds; Shares Up 5%

Zhejiang Cfmoto Power (SHA:603129) issued convertible bonds worth 2.18 billion yuan, according to a Shanghai bourse filing on Tuesday.The convertible bonds were first offered to shareholders registered with the Shanghai branch of China Securities Depository and Clearing. The preferential allotment amounted to 1.72 billion yuan, while abandoned subscriptions in the online offering totaled 8.3 million yuan.The remaining bonds after the preferential allotment were offered to public investors through the Shanghai Stock Exchange.Huatai United Securities served as the lead underwriter of the issuance.The Chinese motorcycle manufacturer's shares rose 5% during the morning trade.

Zhejiang Cfmoto Power Seeks to Raise Up to 2.18 Billion Yuan Via Bond Issue

Zhejiang Cfmoto Power (SHA:603129) seeks to raise up to 2.18 billion yuan via the issue of convertible bonds.The bonds will be issued June 10 at 100 yuan apiece, according to a Monday filing with the Shanghai bourse.Huatai United Securities serves as lead manager.Shares of the motorcycle manufacturer closed 3% higher Monday.

Phillip Securities Starts Zhejiang Cfmoto Power at Buy with 359.30 Yuan Price Target

Huachuang Securities Upgrades Zhejiang Cfmoto Power to Strong Buy from Add; Price Target is 360 Yuan

Zhejiang Cfmoto Power's Attributable Profit Edges Up 1.8% in Q1

Zhejiang Cfmoto Power's (SHA:603129) attributable profit edged up 1.8% to 422.7 million yuan in the first quarter from 415.2 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the motorcycle manufacturer increased 1.5% to 2.75 yuan from 2.71 yuan in the prior-year period.Operating income grew 26% year over year to 5.36 billion yuan from 4.25 billion yuan.

Zhejiang Cfmoto Power's Attributable Profit Jumps 14% in 2025

Zhejiang Cfmoto Power's (SHA:603129) attributable profit rose 14% to 1.68 billion yuan in 2025 from 1.47 billion yuan in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the motorcycle manufacturer increased 13% to 10.88 yuan from 9.67 yuan in the previous year.Operating income grew 31% year over year to 19.7 billion yuan from 15 billion yuan.