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CIMC Vehicles’s “Vanguard Trailer Rental” Completes Series A-round Financing of Over RMB 100 Million To Create a Standardized, Intelligent Trailer Pool for Sharing of Drop and Pull Transportation and Logistics Equipment

The Company is pleased to announce that its controlling subsidiary, Vanguard Trailer Renta has completed its Series A-round financing, attracting over RMB 100 million. This round of financing will be utilized to finance the development of Vanguard Trailer Rental’s existing businesses, replenish working capital, and expedite the promotion of its business model.

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2022-05-10
Client News

CCMGT (9982.HK) Outperformed Four Core Operational Indicators for 2021, Net Profit and Revenue Increased 13%, Dividend Payout Ratio Reached 65%

The Company announced its annual results for the 12 months ended 31 December 2021. Benefited from the fact that China achieved economic growth, continuous improvement in the management standards of property developers in China and the “Greater Central China” strategy of the Company, the revenue of the Company increased 13.0% to RMB1,300 million as compared to 2020. Net profit amounted to RMB770 million, representing an increase of 13.0% as compared with the last year. Net profit margin was 59.2%. The earnings per share increased RMB1.42 cents to RMB24.39 cents. The Board of Directors declared a final dividend of HK9.90 cents (equivalent to RMB8.09 cents) per share for the year ended 31 December 2021.

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2022-03-17
Client News

Baguio (1397.HK) Awarded EPD Service Contract to Provide Recyclable Food Waste Collection Services in Kowloon District

The Company has been awarded a service contract by Hong Kong’s Environmental Protection Department for the provision of recyclable food waste collection services in Kowloon District. Baguio will collect recyclable food waste from widespread locations including shopping malls, cooked food centres, wet markets, hotels, restaurants, hospitals, elderly centres, commercial and residential buildings and government premises.

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2022-01-28