Search
Ronbay Technology had initially formulated a plan to transfer its equity stake in JS Old Korea. However, as of now, the equity transfer remains unfinished due to the fact that the party receiving the transfer is still in the process of fundraising. In a bid to rejuvenate its production lines in Korea, the company has set its sights on having both JS Old Korea and JS New Korea lease their factories along with associated production assets to AKB Korea. Additionally, JS Old Korea is expected to transfer intangible assets in this process. The upper limit for the total value of these related-party transactions is set at approximately RMB 2.37 billion. This proposed transaction has already received the green light from the board of directors and is currently awaiting the final approval from the shareholders' meeting.
-
C114 Communication Network -
Communication Home
