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Lifan Industry Group Co Ltd (601777.SS)

601777.SS on Shanghai Stock Exchange

7.27CNY
11 Dec 2017
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BRIEF-Lifan Industry Group adopts new accounting policy

* Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy

BRIEF-Lifan Industry Group unit to sell rental platform software for 16.5 mln yuan

* Says Chongqing-based wholly owned communication tech unit will sell rental platform software to Chongqing-based lease firm, for 16.5 million yuan

BRIEF-Lifan Industry (Group) unit plans cooperation with BIDU and Chongqing car rental firm

* Says it enters into strategic cooperation framework agreement with BIDU and Chongqing car rental firm

BRIEF-Lifan Industry Group's sales of motorcycle engines down 27.8 pct y/y in Oct

* Says it sold 90,314 motorcycle engines in Oct, down 27.77 percent y/y

BRIEF-Lifan Industry's board elects chairman

Oct 31 Lifan Industry Group Co Ltd * Says board elects Mou Gang as chairman Source text in Chinese: http://bit.ly/2gY6CBu Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Lifan's 9-month net profit down 12.2 pct y/y

* Says 9-month net profit down 12.2 percent y/y at 163.6 million yuan ($24.63 million)

BRIEF-Lifan Industry sells fewer motorcycle engines in Sept

* Says it sold 98,405 motorcycle engines in Sept, down 0.4 percent y/y

BRIEF-Lifan Industry Group to boost capital of 15.8 mln yuan in pand-auto

* Says it plans to boost capital of 15.8 million yuan in pand-auto, a new energy car leasing company

BRIEF-Lifan Industry's unit plans to set up commercial factoring JV

* Says unit plans to invest 490 million yuan ($74.02 million)to set up commercial factoring JV with partner

BRIEF-Lifan Industry's motorcycle sales up 2.4 pct y/y

Sept 11 Lifan Industry Group Co Ltd * Says it sold 53,259 motorcycles in Aug, up 2.4 percent y/y Source text in Chinese: http://bit.ly/2gXoJDJ Further company coverage: (Reporting by Hong Kong newsroom)

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