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Holding companies

Luyuan Group Holding (Cayman) Limited Posts Unaudited Consolidated Interim Results

Strategic Insights

— 1 min read

Luyuan Group Holding (Cayman) Limited, an exempted company incorporated in the Cayman Islands on February 18, 2009, has released its unaudited consolidated interim results for the six months ended June 30, 2024. The company, primarily engaged in the electric vehicle business in the People's Republic of China, reported its financial statements approved by the Board of Directors on August 30, 2024. The report highlights the company's financial performance and provides insights into its business operations.

Key Takeaways:

  • The Company was incorporated in the Cayman Islands on February 18, 2009, as an exempted company.
  • Luyuan Group Holding (Cayman) Limited is principally engaged in the electric vehicle business in the People's Republic of China.
  • The ultimate holding companies of the Company are Apex Marine Investments Limited, Drago Investments Limited, and Best Expand Holdings Limited, incorporated in the British Virgin Islands.
  • The ultimate controlling shareholders of the Company are Mr. Ni Jie and Ms. Hu Jihong.
  • The unaudited consolidated interim financial statements are presented in RMB (RMB '000).
  • The condensed consolidated interim financial statements have been approved for issue by the Board of Directors on August 30, 2024.
  • The Company has reported its financial performance for the six months ended June 30, 2024, alongside comparative figures for the six months ended June 30, 2023.

Statistics:

  • The Company was incorporated on February 18, 2009.
  • The Company is engaged in the electric vehicle business in the People's Republic of China.
  • The ultimate holding companies are Apex Marine Investments Limited, Drago Investments Limited, and Best Expand Holdings Limited.
  • The ultimate controlling shareholders are Mr. Ni Jie and Ms. Hu Jihong.

Sources:

  • Luyuan Group Holding (Cayman) Limited. (2024, August 30). Unaudited Consolidated Interim Results. Retrieved from https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0830/2024083003014.pdf

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