FDG (729.HK): Teleconference Takeaways August 3, 2018

Company Profile

FDG Electric Vehicles Limited is an integrated electric vehicle manufacturer and is mainly engaged in (i) independent R&D, design and production of electric vehicles; (ii) R&D, production and sales of lithium-ion batteries and related products; (iii) R&D, manufacturing and sales of cathode materials for the production of lithium-ion batteries; and (iv) electric vehicle rental and direct investment.

What`s New

We participated in the reverse roadshow organized by the company, visited and researched the company`s Changjiang Auto Engine Factory located in Hangzhou, Zhejiang Province, and published a research summary in mid-April. For details, please see our research report published on May 29. The company recently announced its result report of the fiscal year 2017 and 2018, with a loss of 2.23 billion in the attributable net income.

About the author

Profile photo of Zhang Jing

Zhang Jing
Phillip Securities (HK)

Bachelor Degree in Tongji University of Engineering; Master Degree in East China Normal University of finance. Currently covering the automobile and air sectors. She has years of experience in investment research and is good at combining analysis for the companies with industry prospects.

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