603766.SH
Loncin Motor Co., Ltd.
SSE · Consumer Cyclical · Auto - Manufacturers · CN
CNY 14.57
+5.12%Sep 11, 2026, 08:59 UTC
Chongqing Zongshen Power Machinery announced a plan to swap its motorcycle-engine business assets and liabilities, centered on its stake in Chongqing Zongshen Engine Manufacturing, for Longxin General's general-machinery business assets and liabilities, centered on Chongqing Xinlongxin Electromechanical, with any valuation gap settled in cash and no share issuance.
Source:Aug 21, 2026, 08:02 UTC
Loncin Motor Co., Ltd. announced its first-half 2026 results: net profit attributable to shareholders was 991 million yuan, down 7.73% year-on-year.
Source:Aug 12, 2026, 07:47 UTC
Zongshen Power announced it is planning a major asset swap with Loncin General, exchanging its motorcycle engine business assets (centered on Chongqing Zongshen Engine Manufacturing Co.) for Loncin's general machinery business assets (centered on Chongqing Xinlongxin Electromechanical Co.), with the difference paid in cash; the transaction is still in the planning stage.
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