RV Festival in Yangzhou and Launch of Annual Industry Awards in China

Land Rover has launched the updated Defender 130 in China. It features a 3.0-liter six-cylinder engine with 400 hp, all-wheel drive, and a towing capacity of up to 3.5 tons. Prices start at ¥90,990.

New Gonow RV (00805.HK) controlling shareholder Snowy.M Holdings Limited sold 155 million shares (16.15%) to Ms. Jian Zishan in an off-market deal on May 4, 2026. After the transaction, the controlling shareholder's stake fell to 54.31%, but it retained control. The recipient is unrelated to the company.

CCTV's Focus Interview program on May 5–6, 2026, highlighted the resilience of China's foreign trade, using New Jiyang RV (also known as New Gonow RV) as an example. The manufacturer participated in the Canton Fair for the first time (April 23–27) and attracted foreign buyers.

Chinese RV manufacturer New Gonow RV released its 2025 annual report after a month-long trading halt. Revenue reached 871 million yuan, while net profit fell 28.9% to 30.82 million yuan.

In Ju County (Rizhao, Shandong Province), interest in RV travel and camping is rising. Local authorities leverage cultural tourism resources and RV manufacturing advantages to stimulate consumption and promote a 'slow life' experience.

In bed car mode, the sleeping area measures 1.8–2.0 m in length and 1.2–1.5 m in width. The rear seats fold in a 4/6 split, creating a nearly flat surface with the trunk. The car is 4890 mm long with a 2810 mm wheelbase. The hybrid version offers a CLTC combined range of 1400 km, the EV version 510 km. Warranty: 6 years or 150,000 km.