HUAYU Automotive Systems Co Ltd

Electrification & Mobility

SAIC Motor Replaces Leaders Across Four Core Units, Launching Company-Wide Strategic Overhaul

SAIC Motor has simultaneously replaced the top leaders of its four core business segments — SAIC Volkswagen, SAIC General Motors, SAIC Motor Passenger Vehicle, and Huayu Automotive Systems — marking its largest-ever management reshuffle. Former SAIC Volkswagen general manager Tao Hailong has been appointed general manager of Huayu Automotive Systems. Wu Yun, previously executive deputy general manager for personnel and organization at SAIC Volkswagen, has been promoted to general manager of SAIC Volkswagen. Former SAIC General Motors general manager Lu Xiao takes over as general manager of SAIC Motor Passenger Vehicle, while former Huayu Automotive Systems general manager Xu Ping becomes general manager of SAIC General Motors. The reshuffle aims to tackle challenges including a price war in the domestic auto market, pressure on joint venture brands, and the need for breakthroughs in the company’s own-brand segment, with a focus on cost optimization, product breakthroughs, and local transformation. Xu Ping will lead the restructuring of SAIC General Motors’ supply chain costs, Lu Xiao is tasked with creating hit models for SAIC Motor Passenger Vehicle, and Wu Yun will leverage his localization experience to stabilize SAIC Volkswagen’s foundation. Through these rotations, SAIC Motor hopes to address weaknesses across its businesses and build a solid organizational foundation for its overall transformation and upgrade.

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Electrification & Mobility

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A-Share Dividend Wave Hits Hard: 10.7 Billion Yuan in Cash Payouts Land in a Single Day

The A-share market, amid volatile adjustments, is seeing a concentrated wave of dividend distributions. On July 28 alone, 20 listed companies carried out ex-rights and dividend payments, distributing a total of approximately 10.7 billion yuan in cash. Among them, China Railway Construction paid out 4.074 billion yuan, Huayu Automotive Systems paid 3.153 billion yuan, and Huaneng Mengdian paid 1.724 billion yuan. Several brokerages, including Guolian Minsheng, Dongxing Securities, and Cinda Securities, also distributed dividends exceeding 100 million yuan each. Meanwhile, within the month, nine companies have disclosed their 2026 interim dividend plans, with total proposed payouts exceeding 25 billion yuan. Zijin Mining leads with a proposed payout of 11.136 billion yuan, while Hikvision and CATL plan to distribute 5.041 billion yuan and 6.493 billion yuan respectively. Most companies reported strong first-half earnings, with some posting significant net profit growth, providing support for the dividends. Additionally, Shanghai Airport's controlling shareholder has proposed raising the interim cash dividend payout ratio to around 55 percent, and Changchuan Technology is expected to carry out its first interim dividend since listing.

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Huayu Automotive General Manager Xu Ping Resigns Due to Job Transfer

Huayu Automotive announced that Director and General Manager Xu Ping has applied to resign due to a job transfer, and will no longer hold any position at the company after his resignation. In the first quarter of 2026, Huayu Automotive achieved revenue of 40.183 billion yuan and net profit attributable to the parent company of 1.244 billion yuan.

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20 stocks register for dividends today, Huayu Automotive most generous with 10 yuan per 10 shares

Based on the equity registration date, a total of 20 listed companies will implement their dividend plans today. Among them, 11 companies have a cash dividend of 1 yuan or more per 10 shares. Huayu Automotive is the most generous, distributing 10.00 yuan per 10 shares, followed by Youyou Green Energy and China Resources Double-Crane, with cash dividends of 8.00 yuan and 3.79 yuan per 10 shares respectively. In terms of share transfers, Zhixin Precision and Youyou Green Energy both transfer 4.00 shares per 10 shares, the highest transfer ratio. Looking at share price performance over the past five days, Huaneng Mengdian leads with a cumulative gain of 7.02 percent, while Jinhai High-Tech and Huayu Automotive rose 3.88 percent and 2.72 percent respectively.

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Huayu Automotive's controlling shareholder SAIC Motor pledges no share reduction within six months

Huayu Automotive announced that its controlling shareholder SAIC Motor has pledged not to reduce its holdings in the company in any way for six months starting from July 20, 2026, including any new shares obtained through capital reserve conversion into share capital, stock dividend distribution, and other means.

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Huayu Automotive and Partners Establish Shanghai Sensuobo Technology with Registered Capital of 40 Million Yuan

Huayu Automotive's wholly-owned subsidiary Shanghai Huizhong Automotive Manufacturing and Shanghai Xijian Automotive Suspension have jointly established Shanghai Sensuobo Technology. The legal representative is Qiu Haixuan, and the registered capital is 40 million yuan. The company's business scope includes wholesale and retail of automotive parts, technology import and export, and goods import and export.

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