Denway Motors

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Denway Motors Limited
駿威汽車有限公司
State-owned enterprise (Red chip)
Industry Automobile
Founded 1992
Headquarters Hong Kong
Area served
People's Republic of China
Key people
Chairman: Mr. Zhang Fangyou
Parent Guangzhou Automobile Group
Website Denway Motors Limited

Denway Motors Limited (former stock code: SEHK203) was an investment holding company listed in Hong kong. It engages in the manufacturing, assembly and trading of motor vehicles and automotive equipment and parts in China and Hong Kong through its group companies. It owns 50% of Guangqi Honda, a joint venture with Honda in Guangzhou, China.

The company's shares were oversubscribed more than 600 times when it was first listed in Hong Kong.[1] In 2010, shareholders approved the privatization of Denway Motors by its parent company, Guangzhou Automobile Group Co., Ltd(also known as GAC Group). Denway Motors was delisted on 25 August 2010, replaced by the listing of Guangzhou Automobile Group on 30 August 2010 via stock swap.[2][3]

External links[edit]

References[edit]

  1. ^ Shale, Tony. "H.K. Investors Await the China 9". The New York Times (Feb 12, 1993). Retrieved 25 December 2016. 
  2. ^ Denway Motors gets nod for privatisation
  3. ^ Denway Motors's Shareholders Approve Share Swap