Lining Signed Li Feng As Purchasing Agent.

　 Recently, Lifeng The agreement signed with Lining has been announced, becoming the purchasing agency of Lining, and has expanded its business in China. Credit Suisse maintains a better rating than the big city, with a target price of HK $48.65. The purchase agreement between Li Feng and Lining is not exclusive agreement, and profit contribution is not big, but this is another milestone for Li Feng to expand the Asian market.

In addition, Credit Suisse also said that Buy The sale of Lihe dealership has entered the final stage. stage 99% of the shareholders of the joint venture chose to accept Li Feng shares as consideration. It is expected that the management will provide more details of the transaction after the completion of the acquisition, and this factor is also expected to drive the profit increase and trigger the re rating of shares.