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Lifan Industry Group Co Ltd (601777.SS)

601777.SS on Shanghai Stock Exchange

7.17CNY
19 Jan 2018
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Tue, Jan 16 2018

BRIEF-Lifan Industry Group and controlling shareholder to boost financial unit's capital to 3 bln yuan

* Says it and controlling shareholder will jointly boost capital at Chongqing-based financial unit to 3 billion yuan from 1.5 billion yuan

BRIEF-Lifan's Motorcycle Engines Sales Down In Dec, Up In 2017

* SAYS IT SOLD 119,213 MOTORCYCLE ENGINES IN DEC, DOWN 8.6 PERCENT Y/Y

BRIEF-Lifan Industry Group unit signs strategic cooperation framework agreement

* Says co's automobile unit signs strategic cooperation framework agreement with a Chongqing-based new energy vehicle firm

BRIEF-Lifan Industry To Unload Stake In Shanghai Financial Leasing Firm For 465 mln yuan

* SAYS IT PLANS TO UNLOAD 51 PERCENT STAKE IN SHANGHAI FINANCIAL LEASING FIRM FOR 465 MILLION YUAN ($70.37 million) Source text in Chinese: http://bit.ly/2j2n415 Further company coverage: ($1 = 6.6082 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Lifan Industry's Nov motorcycles sales down 2.7 pct y/y

* SAYS NOV MOTORCYCLES SALES DOWN 2.7 PERCENT Y/Y AT 58,413 UNITS Source text in Chinese: http://bit.ly/2kov6Bv Further company coverage: (Reporting by Hong Kong newsroom)

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)

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