Transportation
Newlink Group raises $300 million in funding from leading financial institutions
BEIJING, March 22, 2021 /PRNewswire/ -- Newlink Group ("Newlink", "Company") announced that it has closed$200 million in incremental equity financing led by Bain Capital, a leading global multi-asset alternative investment firm. Existing investor Joy Capital also participated in the fundraising. ...
2021-03-22 19:55
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Hyundai Mobis provides premium sound in collaboration with Meridian
SEOUL, South Korea, March 22, 2021 /PRNewswire/ -- Hyundai Mobis announced on March 22 that it is collaborating with Meridian Audio, the British audio pioneer, to deliver premium branded sound to global automaker. Together, Hyundai Mobis and Meridian have designed premium sound systems for global...
2021-03-22 16:00
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Weidai Ltd. Announces Full Year 2020 Financial Results
HANGZHOU, China, March 19, 2021 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced its financial results for the year ended December 31, 2020, which have not been audited or reviewed by the Company's inde...
2021-03-19 18:40
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Autohome Inc. Files Its Annual Report on Form 20-F
BEIJING, March 19, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2020 with the Securities and Exchange C...
2021-03-19 17:00
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Dada Group Participates in Formulating CCFA's Key Performance Indicators of Omni-channel Retailing Chain Enterprises
SHANGHAI, March 18, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce that the Company as a representative enterprise of the retail industry, was involved in the formulation and drafting o...
2021-03-18 11:18
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JIMU Intelligent Listed in the 2020 Top 10 Commercial Vehicle ADAS Suppliers in China
WUHAN, China, March 17, 2021 /PRNewswire/ -- The JT/T 1178 Safety Technical Regulations for Commercial Trucksissued by the Ministry of Transport of China requires trucks with a total mass of over 18000kg and a maximum speed of over 90km/h, and tractors to be equipped with a lane departure warning...
2021-03-17 23:40
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Mr. Li Hanyang Appointed Chairman of China Yuchai's Subsidiary
SINGAPORE, March 17, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr. Li Hanyang has been appointed as Chairman of the Board of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), effectiv...
2021-03-17 18:00
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China Automotive Systems to Announce Unaudited 2020 Fourth Quarter and Audited 2020 Year Financial Results on March 30, 2021
WUHAN, China, March 16, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter and audited financial results for the year endedDece...
2021-03-16 18:00
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ZTO Announces Change To Board Composition
SHANGHAI, March 16, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company inChina ("ZTO" or the "Company"), today announced the appointment of a new director to its board of directors (the "Board"): Mr.Zheng Liu, effective i...
2021-03-16 17:15
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Baidu Receives Green Light to Demonstrate Commercialized Autonomous Driving, Test Driverless Vehicles in Cangzhou
BEIJING, March 15, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU), a leading AI company with a strong Internet foundation, received qualifications for 35 vehicles to demonstrate commercialized autonomous driving operations, and qualifications for 10 vehicles to conduct driverless testing, by Cang...
2021-03-15 18:49
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Grounded fleet size of China Eastern Airlines reduced to zero at Shanghai base
SHANGHAI, March 15, 2021 /PRNewswire/ -- The grounded fleet size of China
Eastern Airlines has fallen to zero at itsShanghai base, the carrier said in a
note sent to the Global Times onMarch 12, 2021, another sign that the aviation
market is recovering.
2021-03-15 17:57
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Nippon Express Launches Halal-certified Domestic Air Cargo Transport Service
TOKYO, March 15, 2021 /PRNewswire/ -- Nippon Express Co., Ltd. is expanding its
domestic halal logistics services inJapan with the start of a new
halal-certified domestic air cargo transport service onMonday, March 8.
Logo: https://kyodonewsprwire.jp/img/202103051929-O2-pzhqj216
2021-03-15 14:00
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MingZhu Logistics Holdings Limited Announces Closing of $20 Million Registered Direct Offering
SHENZHEN, China, March 12, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), aChina-based trucking services provider, today announced that it has closed a registered direct offering of an aggregate of 3,333,335 units of its securities (each, a "Unit"), with e...
2021-03-13 06:30
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Tantech's Shangchi Fulfills OEM Midibus Order
LISHUI, China, March 12, 2021 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company inChina, today announced its subsidiary, Shangchi Automobile Co., Ltd. ("Shangchi"), fulfilled an OEM order to assemble two prototype midibuses. The vehicles were...
2021-03-12 20:00
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BEST Inc. Announces Strategic Partnership with Sinolink Yongfu Asset Management
* As the initial step to the partnership, BEST has sold RMB517 million worth of assets related to its BEST Capital unit to Sinolink * Transaction will allow BEST to reinforce its balance sheet, enhance liquidity and allow a greater focus on its core businesses HANGZHOU, China, March 12, 2021 ...
2021-03-12 18:00
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LG Energy Solution Expands U.S. Investment for Future Innovation
SEOUL, South Korea, March 11, 2021 /PRNewswire/ -- LG Energy Solution today announced that by the end of 2025, the company will invest more than$4.5 billion (KRW 5 trillion) in the company's own U.S. business to further expand its battery production capacity. This new investment will allow the co...
2021-03-12 09:52
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Cango Inc. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the fourth quarter and full year of 2020. Fourth Quarter 2020 Financial and Operational High...
2021-03-12 05:30
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Cango Inc. Declares Special Cash Dividend
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that its Board of Directors has approved and declared a special cash dividend ofUS$1.00 per American depositary share (or US$0.50...
2021-03-11 22:45
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BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results
HANGZHOU, China, March 10, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 202...
2021-03-11 07:00
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MingZhu Logistics Holdings Limited Announces $20 Million Registered Direct Offering
SHENZHEN, China, March 10, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), aChina-based trucking services provider, today announced that it entered into securities purchase agreements with certain institutional investors in connection with a registered dire...
2021-03-10 22:15
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