July 29 – Xinghui Auto Model (300043) plans to form a 14,396-square meter factory for mainstream and collectible model cars for 55.46 million yuan, reports yicai.com, citing a company filing. The factory will be able to produce 700,000 units each year.

It is expected to generate revenues of 56.99 million yuan and add total profits of 11.12 million yuan and 9.45 million in net profits.