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Car Tracking Firm Changjiu Holdings Gets Green Light For IPO

Key Takeaways: Changjiu Holdings, a subsidiary of Changjiu Group, has been expanding its revenues in recent years but profits have been volatile, falling nearly 27% in the first half of this year despite higher turnover Aside from vehicle monitoring, the firm manages dealership operations on behalf of 75 clients but only one of them is unrelated t

Chinese automakers splurge on huge carriers to meet overseas demand, ro-ro-rolling their cars abroad

China’s surging car exports, led by EVs, could top 5 million this year – but outsized demand is pitting manufacturers against each other in a price war to secure so-called ro-ro ships that haul thousands of vehicles.

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