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The Chinese Academy of Agricultural Sciences (short CAAS, Chinese: 中国农业科学院) is the Chinese national agricultural scientific research organization. It was established in 1957 in Beijing and oversees 45 institutes. Thirty-six are direct affiliates, nine institutes are co-hosted together with local governments or universities.
At the end of 2008, China Automotive Systems acquired an additional 36.5% of Henglong Automotive Parts Company on top of the already owned 44.5%. Henglong is engaged in manufacturing power steering systems and components for China's rapidly growing passenger vehicle market. [6] CAAS now holds an 80% equity interest in Henglong. [7]
China Automotive Systems (CAAS) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
China Automotive Systems (CAAS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The Chinese Academy of Sciences (CAS; 中国科学院) [3] is the national academy for natural sciences and the highest consultancy for science and technology of the People's Republic of China. [4]
China Automotive Systems is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for CAAS' full-year earnings has moved 700% higher within the past quarter.
In the latest trading session, China Automotive Systems (CAAS) closed at $4.07, marking a -1.21% move from the previous day.
Gigafactory Shanghai (currently the only fully foreign owned car manufacturer in mainland China) BMW. BMW China (joint-venture with Brilliance Auto Group, a majority 75% stake was acquired by BMW in 2022) (Defunct) Zinoro (2013–2020) Volkswagen. Volkswagen Anhui (joint-venture with JAC, a majority 78.52% stake was acquired by Volkswagen in ...