Lentuo in Strategic Partnership Discussions to Enter Electric Vehicle Value-Added Services Market
BEIJING, Jan. 28, 2015 /PRNewswire/ -- Lentuo International Inc. (LAS) ("Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it has begun a strategic expansion into the electric vehicle ("EV") and plug-in hybrid EV ("PEV") value-added services as an extension of its after sales business strategy. The Company aims to become an early mover into a new sector that is poised for substantial growth with strong support from the Chinese government.
Lentuo International Announces Management Share Purchase
Lentuo International Inc. January 22, 2015 5:00 AM
BEIJING, Jan. 22, 2015 /PRNewswire/ -- Lentuo International Inc. (LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that members of its senior management team, including its Chairman Mr. Hetong Guo and Chief Executive Officer Mr. Jing Yang, will use their personal funds to purchase the Company's American Depositary Shares on the open market for an aggregate amount up to a maximum of US$1.0 million as soon as possible within one month.
More reasons for 20-bagger claim in LAS @ Seeking Alpha