
TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED 306871
3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, na
54
432
3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, na
54
432
BREAKING:
Trans-China Automotive Holdings Limited (TCAH) navigated a highly challenging first half of 2025 in the Chinese automotive market, characterised by intense competition and widespread discounting. Despite facing difficult financial results, there are clear signs of central government efforts to address industry-wide problems like overcapacity and self-defeating competition. TCAH is implementing internal strategies to adapt and prepare for an eventual market rationalisation.
• The Chinese automotive industry remains caught in a cycle of excessive and self-defeating competition
• Central government directives are being issued to reign in intense competition and overcapacity, advocating against unsustainable pricing and encouraging market discipline
• TCAH is actively consolidating its dealership network and reducing operational footprints to mitigate financial strain and improve efficiency
There will be an EGM on
Event dates:
Meeting Date and Time |
23/11/2023 16:00:00 |
Response Deadline Date |
20/11/2023 16:00:00 |
For more information, click here: TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED 2023 EGM