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Lifan Industry Group Co Ltd (601777.SS)

601777.SS on Shanghai Stock Exchange

6.18CNY
23 May 2018
Change (% chg)

¥-0.05 (-0.80%)
Prev Close
¥6.23
Open
¥6.23
Day's High
¥6.28
Day's Low
¥6.14
Volume
7,940,846
Avg. Vol
5,855,520
52-wk High
¥9.44
52-wk Low
¥5.70

Latest Key Developments (Source: Significant Developments)

Lifan Industry Group adjusts coupon rate for 2016 second tranche corporate bonds to 7.5 pct
Monday, 5 Feb 2018 

Feb 5(Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says it adjusts coupon rate for 2016 second tranche corporate bonds to 7.5 percent from 5.94 percent, with value date March 15.  Full Article

Lifan Industry Group unit signs strategic cooperation framework agreement
Monday, 18 Dec 2017 

Dec 18(Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says co's automobile unit signs strategic cooperation framework agreement with a Chongqing-based new energy vehicle firm.Says two entities will cooperate on new energy vehicle area .  Full Article

Lifan Industry To Unload Stake In Shanghai Financial Leasing Firm For 465 mln yuan
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>::SAYS IT PLANS TO UNLOAD 51 PERCENT STAKE IN SHANGHAI FINANCIAL LEASING FIRM FOR 465 MILLION YUAN ($70.37 million).  Full Article

Lifan Industry's Nov motorcycles sales down 2.7 pct y/y
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>::SAYS NOV MOTORCYCLES SALES DOWN 2.7 PERCENT Y/Y AT 58,413 UNITS.  Full Article

Lifan Industry Group adopts new accounting policy
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy .Effective June 12.  Full Article

Lifan Industry Group unit to sell rental platform software for 16.5 mln yuan
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says Chongqing-based wholly owned communication tech unit will sell rental platform software to Chongqing-based lease firm, for 16.5 million yuan .  Full Article

Lifan Industry (Group) unit plans cooperation with BIDU and Chongqing car rental firm
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Lifan Industry (Group) Co Ltd <601777.SS> ::Says it enters into strategic cooperation framework agreement with BIDU and Chongqing car rental firm .  Full Article

Lifan Industry's board elects chairman
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says board elects Mou Gang as chairman.  Full Article

Lifan's 9-month net profit down 12.2 pct y/y
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lifan Industry Group Co Ltd <601777.SS>:Says 9-month net profit down 12.2 percent y/y at 163.6 million yuan ($24.63 million).  Full Article

Lifan Industry Group to boost capital of 15.8 mln yuan in pand-auto
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Lifan Industry Group Co Ltd <601777.SS> ::* Says it plans to boost capital of 15.8 million yuan in pand-auto, a new energy car leasing company.* Says it will hold 15 percent stake in target company after transaction .  Full Article

BRIEF-Lifan Industry Plans Share Private Placement To Fund New Energy Car Projects, Repay Loans

* SAYS IT PLANS TO RAISE UP TO 2.48 BILLION YUAN ($390.00 million) IN SHARE PRIVATE PLACEMENT TO FUND NEW ENERGY CAR PROJECTS, REPAY LOANS Source text in Chinese: https://bit.ly/2wlFPpO Further company coverage: ($1 = 6.3589 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)