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2020.09
Key Process in Linerless Technology for Automotive Engine Blocks | Coated Honing
The linerless engine technology originated in Europe. It uses thermal spray coating to apply a wear-resistant layer to the inner wall of aluminum engine cylinders, replacing traditional cast-iron liners. This not only reduces engine weight and fuel consumption but also significantly lowers friction and enhances engine performance.
2020.09
Investigation Report on Soil Pollution at the Old Plant Site of Xiangyang Changyuan Donggu Industrial Co., Ltd.
The old plant area of Xiangyang Changyuan Donggu Industrial Co., Ltd. (the investigation site) is located at No. 100, Diamond Avenue, Xiangzhou District, Xiangyang City, covering a total area of 92,852.4 m², of which the production area is 51,725.4 m² and the reserved land area is 41,127 m² (used for greening before the relocation of the old plant area). The historical land use of the investigation site is as follows:
2020.09
Weichai exceeds 650,000 units; Yunnei and Yuchai vie for second place; Foton and Dongfeng show strong growth momentum—diesel engine data for the first eight months.
In August, commercial vehicle production and sales continued to grow year on year, but the pace of growth narrowed significantly. In the truck market, all segments declined except for medium-duty trucks, which posted a slight month-on-month increase. Meanwhile, although bus sales rose month on month and the year-on-year decline narrowed, individual sub-segments once again suffered across-the-board losses in August.
2020.09
Mayor Qie Yingcai of Xiangyang City met with Li Zuoyuan, Chairman of Changyuan Donggu, and his delegation.
On September 19, Mayor Qie Yingcai met with Li Zuoyuan, chairman of Changyuan Donggu Industrial Co., Ltd., and his delegation at the Nanhu Hotel. The two sides held in-depth discussions on deepening strategic cooperation and accelerating project construction.
2020.09
Foton leads with a 112% surge in heavy trucks; Dayun medium trucks rise 58% — mid-August analysis of the medium- and heavy-truck market.
Starting in April 2020, the automotive industry gradually recovered. Among its segments, commercial vehicles outperformed passenger cars, and all sub-segments of the truck market entered a sustained growth trajectory. As this growth continued, the impact of the pandemic was progressively absorbed.
2020.08
Changyuan Donggu reported a 70.49% year-on-year increase in net profit for the first half of the year, with RMB 278 million allocated for cash dividends.
Located in Xiangyang, Hubei, Changyuan Donggu posted a semi-annual report showing a net profit of RMB 154 million, up 70.49% year on year, just three months after its IPO. Additionally, the company distributed RMB 278 million in cash dividends for the half-year to reward investors.
2020.08
Changyuan Donggu 2020 Semi-Annual Report: Sales revenue hits a record high, with performance growth among the industry leaders.
On August 10, 2020, Changyuan Donggu released its 2020 semi-annual report. According to the report, the company’s operating revenue was RMB 753 million, up 32.56% year on year; net profit attributable to shareholders of the listed company was RMB 154 million, up 70.49% year on year; and net cash flow from operating activities was RMB 193 million, up 72.06% year on year. The company achieved comprehensive growth across all performance metrics and approved a profit distribution plan to distribute RMB 12 in cash for every 10 shares held to all shareholders.
Xiangyang Changyuan Donggu Industry Co., Ltd.
396 Zuanshi Avenue (Hongshantou Industrial Park), Xiangzhou District, Xiangyang, Hubei 441104, China
SSE Main Board: 603950
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