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2020.09.14

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 engaged in in-depth discussions on deepening strategic cooperation and accelerating project development.

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2020.09.12

Starting in April 2020, the automotive industry began to recover gradually. Among its segments, the commercial vehicle market outperformed the passenger car market, while the truck sub‑segments entered a sustained growth trajectory. As this steady expansion continued, the impact of the pandemic was progressively absorbed.

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2020.08.12

Located in Xiangyang, Hubei, Changyuan Donggu reported a semi-annual performance showing a net profit of RMB 154 million, up 70.49% year on year, just three months after its IPO. Moreover, the company distributed RMB 278 million in cash dividends during the first half of the year to reward its investors.

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2020.08.11

On August 10, 2020, Changyuan Donggu released its 2020 semi-annual report. According to the report, the company’s operating revenue reached RMB 753 million, up 32.56% year-on-year; net profit attributable to shareholders of the listed company was RMB 154 million, an increase of 70.49% compared with the same period last year; and net cash flow from operating activities amounted to 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.

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