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Winchester Hldg - WCHS STOCK NEWS

Welcome to our dedicated page for Winchester Hldg news (Ticker: WCHS), a resource for investors and traders seeking the latest updates and insights on Winchester Hldg stock.

Winchester Holding Group (WCHS) maintains its position as a specialist in luxury automotive distribution through strategic partnerships and exclusive sales. This news hub provides investors and industry observers with verified updates on the Hong Kong-based company's operations across global premium vehicle markets.

Access official announcements ranging from high-value transactions like the recent New Gunther Werks Porsche 911 sale to strategic expansions such as the Zenos Investment ZN Limited acquisition. Our curated collection helps stakeholders track WCHS's brand revitalization efforts in key markets including England and Southeast Asia.

Discover updates on manufacturing rights, distribution network developments, and executive insights into the supercar sector. All content is maintained to reflect the company's latest verified communications without editorial speculation.

Bookmark this page for ongoing access to Winchester Holding Group's corporate announcements. Check back regularly for updates on luxury vehicle market positioning and partnership developments.

Rhea-AI Summary
Winchester Holding Group (WCHS) plans to acquire 100% of Zenos Investment ZN Limited (Zenos BVI), which holds the rights to manufacture and distribute all models, including the future development model 'E11', worldwide. The acquisition is expected to be completed by the end of 2023. WCHS will focus on the England, Japan, and South East Asia markets, using the Hong Kong office for communication and development of dealers globally. The CEO is confident in rebuilding the brand name 'Zenos' worldwide.
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Winchester Holding Group generated HKD$9.2 Million in sales revenue by reselling luxury vehicles in Hong Kong.
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Winchester Holding Group, trading under OTCPK WCHS, announced on November 16, 2022, that CEO Simon Wu visited the Ken Okuyama Design Showroom in Tokyo. The purpose was to discuss future collaboration and development opportunities between the Group and Ken Okuyama. The meeting also included talks about the delivery schedule for the Ken Okuyama Kode57 supercar to Hong Kong. This visit highlights the Group's commitment to expanding its automotive partnerships and enhancing its product offerings.

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Winchester Holding Group (OTC PINK: WCHS) anticipates generating HKD$20 million in revenue by year-end 2021 from the resale of luxury vehicles. The company has a purchase agreement with Ken Okyuyama Design Co., Ltd for four Ken Okuyama Kode 57 and Kode 59 models. One vehicle is expected to arrive in Hong Kong in mid-October, with the remaining three scheduled for year-end. The revenue target aligns with expected sales from these vehicles by December 31, 2021.

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Winchester Holding Group (OTC PINK:WCHS) has filed its 2020 Annual Report with OTC Markets, an essential step towards upgrading its market designation. CEO Simon Wu expressed optimism about increasing revenue in the latter half of the year, which is expected to generate more profits for shareholders. The report includes forward-looking statements but cautions investors about known and unknown risks that may affect future results. The company does not commit to updating these statements except as required by law.

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Winchester Hldg

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