China Dynamics Launches Electric Buses in Davao, Philippines

China Dynamics Launches Electric Buses in Davao, Philippines

China Dynamics Launches Electric Buses in Davao, Philippines – Expands SEA Markets Highlights its Technological Edge in New Energy Vehicles (Hong Kong, 11 December, 2020) – China Dynamics (Holdings) Limited (the “Company”; (Stock Code: 476), together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, today launched its electric buses in Davao, the Philippines’ third largest city, marking the official use of the electric buses that it delivered earlier, as well as the expansion of the Group’s sales network in Southeast Asia and the implementation of its internationalization strategy. The Group also launched its electric buses in Pasay City in […]

China Dynamics Announces 2020 Interim Results

China Dynamics Announces 2020 Interim Results

China Dynamics Announces 2020 Interim Results – Revenue Surges Seven-fold to HK$21.5 million (Hong Kong, November 30, 2020) – China Dynamics (Holdings) Limited (the “Company”; (Stock Code: 476), together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, recorded a revenue of approximately HK$21.5 million for the six months ended September 30, 2020, or a surge of nearly 700% year-on-year. Thanks to its international sales efforts and cost optimization plan, the Group’s gross profit for the period amounted to approximately HK$7.0 million (September 30, 2019: HK$0.1 million) with gross profit margin of 32.5% (September 30, 2019: 3.3%). Looking ahead, the […]