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Envision AESC completes acquisition of Nissan Motor's power battery unit
Envision AESC, the battery industry fund of Envision Group, has completed the acquisition of Automotive Energy Supply Corporation.
GAC Group reports over 50-bln-USD annual revenue in 2018
Chinese automaker Guangzhou Automobile Group Co., Ltd saw its total revenue in 2018 grow 7.04 percent year on year to about 363.7 billion yuan.
SAIC Motor sees 2018 profits up 4.65 pct
Chinese automaker SAIC Motor Corporation Limited said Monday that its profits rose 4.65 percent last year.
China heavy equipment maker Sany profit surges 192 pct in 2018
Sany Heavy Industry Co., Ltd. posted a 192.3 percent jump in net profit for 2018 on rises in sales and profit margins.
China's Gree vows to further expand U.S. market
Gree, a leading appliances manufacturer in China, has announced plans to further expand the U.S. market.
China Merchants Securities total assets grow in 2018
China Merchants Securities Co. Ltd., a major Chinese securities firm, announced in its annual report an increase of total assets in 2018.
China coal producer Yanzhou Coal posts 16.81-pct rise in 2018 net profit
China's major coal producer Yanzhou Coal Mining Co., Ltd. said Saturday that its net profit saw a 16.81-percent rise in 2018.
Sany, ZTE join hands in intelligent manufacturing
Sany Group has partnered with telecommunications company ZTE to boost the development of intelligent manufacturing using 5G technologies.
Subaru to recall 132,954 vehicles in China for brake light problem
Japanese automaker Subaru will recall 132,954 vehicles sold in the Chinese market because of possible safety hazards.
Ford recalls vehicles for defective electronic throttles in China
Ford Motor (China) has announced a plan to recall 610 vehicles sold in the Chinese market due to defective electronic throttles.
Foxconn Industrial Internet net profits exceed 16.9 bln yuan in 2018
Tech giant Foxconn Industrial Internet (Fii) Friday has registered a net profit of more than 16.9bln yuan in 2018, up 6.52% y-o-y.
China Eastern Airlines revenue up 13 pct in 2018
China Eastern Airlines Co., Ltd., one of the country's three largest state-owned airlines, registered revenues of 114.93 billion yuan in 2018.
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