Welcome to our dedicated page for China Automotive Sys news (Ticker: CAAS), a resource for investors and traders seeking the latest updates and insights on China Automotive Sys stock.
China Automotive Systems reports developments as a supplier of power steering components and systems for passenger automobiles and commercial vehicles, with operations centered on China’s automotive industry. Its updates commonly cover operating results, demand trends for passenger and commercial vehicles, export sales, product mix, and the company’s completed redomicile as a Cayman Islands company while continuing to trade under CAAS.
Company news also covers technology and customer activity across electric power steering, intelligent electro-hydraulic circulating ball steering, rear-wheel active steering, steering motors, steering columns, gears, hoses, and related components. Subsidiary updates include Hubei Henglong Automotive System Group, Jingzhou Henglong Automobile Parts Manufacturing, and Hyoseong (Wuhan) Motion Mechatronics System, along with international expansion in markets such as South America.
China Automotive Systems, Inc. (Nasdaq: CAAS) will release its unaudited financial results for Q1 2020 on June 23, 2020, before market opening. A conference call is scheduled for 8:00 A.M. EDT the same day, including a Q&A session. The company, based in Hubei Province, is a major supplier of power steering components in China, with an annual production capacity exceeding 6 million sets. They serve notable customers like China FAW Group and Chrysler Group LLC. Further details are available on their website.