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The two major automakers from the north and south of China are "marrying up," with FAW becoming the second largest shareholder of GAC Group!

2026-09-15

The two major automakers from the north and south of China are "marrying up," with FAW becoming the second largest shareholder of GAC Group!

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2026-09-14

EU countries plan to seek additional free carbon allowances for industry.

EU countries plan to seek additional free carbon allowances for industry.
2026-09-14

On Sept. 14 Shanzi Gaoke opened at and closed on the 10% daily upper limit, ending at CNY2.85 (+10.04%); turnover CNY773 mln, turnover rate 2.85%. A draft restructuring plan disclosed at a Sept. 11 creditors’ meeting shows Zhejiang Taiyi Shenglian (a

On Sept. 14 Shanzi Gaoke opened at and closed on the 10% daily upper limit, ending at CNY2.85 (+10.04%); turnover CNY773 mln, turnover rate 2.85%. A draft restructuring plan disclosed at a Sept. 11 creditors’ meeting shows Zhejiang Taiyi Shenglian (an investment vehicle set up in April 2026) would propose investing CNY3.0 bln to acquire about 70.62% of Hezhong New Energy, the parent of Nezha Auto. Zhejiang Shanzi Holding, a partner in Taiyi Shenglian, is ultimately controlled by Shanzi Gaoke chairman Ye Ji. Taiyi Shenglian is not a Shanzi Gaoke subsidiary and the listed company itself is not participating in the investment.
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