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-0.0609226435027585 -0.0609226435027585 -0.0198380091560041 -0.0198380091560041 0.0212466251907501 0.117736823570842 0.0116797746214345 0.07406972649372
Stock impact report

China Automotive Systems Provides Updates on Reopening of Production Centers

China Automotive Systems, Inc. (CAAS) 
Last china automotive systems, inc. earnings: 11/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: caasauto.com
Company Research Source: PR Newswire
WUHAN, China, March 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today provides an update on the reopening of its operations in China.As of March 10th, CAAS's production centers in Wuhu Henglong (Wuhu, Anhui Province), Brilliance Henglong (Shenyang, Liaoning Province) and Chongqing Henglong (Chongqing City) have resumed their full operations with returned workers and managerial personnel. Approximately 1,000 workers have reported to their posts in the Company's main production center in Jingzhou City, Hubei Province. Over 47,000 units of steering systems have been produced and shipped since the reopening of the production centers. CAAS's corporate headquarters in Wuhan has been temporarily relocated to Jingzhou City until further notice from the Wuhan government.While the recovery of full production capacity is proceeding rapidly, the Company has successfully and tho Show less Read more
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