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Changan Auto : subsidiary inks RMB352 mln electric vehicle contracts

BEIJING
2015-09-10 19:29

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Chongqing Changan Automobile Co., Ltd. (000625.SZ) said Thursday evening its wholly-owned subsidiary Baoding Changan Bus Manufacture Co. has separately signed contracts with local public transport firms in Botou, Chengde and Zhuozhou cities of Hebei Province.

As agreed, Baoding Changan will sell a total of 468 electric vehicles (445 pure electric buses and 23 pure electric special vehicles) to the local public transport operators, with contract value totaling 352 million yuan, according to Changan's filing to the Shenzhen Stock Exchange.

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