The Zhitong Finance App learned that Xingeo Touring Car (00805) rose nearly 15% at the end of the session. As of press release, it rose 14.49% to HK$10.39, with a turnover of HK$27.206,600.
According to the news, on September 18, the General Office of the State Council relayed “Certain Measures to Promote RV Consumption” from 10 departments including the Ministry of Culture and Tourism to systematically break up motorhome consumption blockages in seven areas, including improving the quality of motorhome supply, optimizing motorhome registration and disposal management, strengthening the construction of motorhome camps, strengthening the supply of motorhome travel products, improving motorhome rental services, and increasing financial support. Following the issuance of the “Notice on Certain Measures to Cultivate and Expand Automobile Aftermarket Consumption” by 9 departments including the Ministry of Commerce in June of this year, the national level once again sent out a policy “gift package” for the motorhome industry.
As the first domestic motorhome company listed on the Hong Kong stock market, Xinjio Touring Car continues to cultivate mature overseas markets, relying on efficient collaboration between the intelligent manufacturing base in Tongxiang, Zhejiang, and the assembly base in Melbourne, Australia. The export trailer motorhome business has steadily occupied the leading market share in the Australian region. Xinzio believes that the introduction of this new policy marks the official transition of the motorhome industry from a “policy development period” to a “consumption activation period.”