Core Viewpoint - H harmonious Automotive (03836) experienced a significant stock price increase of over 16%, closing at 2.53 HKD with a trading volume of 10.99 million HKD, following the announcement of an upcoming board meeting to approve mid-term results and the completion of a 45% stake sale in its overseas new energy vehicle business [1][1][1] Group 1: Company Developments - The board meeting scheduled for August 29 aims to approve the mid-term performance results [1] - On August 18, the company completed the sale of a 45% stake in its overseas new energy vehicle business, retaining a 55% ownership in the sold entity [1][1] - The sold subsidiary will continue to be consolidated into the group's financial statements, maintaining its status as an affiliate [1][1] Group 2: Strategic Rationale - The sale was motivated by the rapid growth of the overseas new energy vehicle market, the desire to diversify financial risks, and the support from the controlling shareholder, Feng Changge [1][1] - According to Guotai Junan Securities, the domestic new energy vehicle sector has been expanding rapidly overseas, leveraging cost advantages and product strength [1] - Increased operations by domestic dealers abroad are expected to enhance the competitiveness and bargaining power of Chinese new energy vehicles in the global market [1][1]
和谐汽车尾盘涨超16% 今日盘后将发中期业绩 近期完成出售海外新能源汽车业务