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Assets of Tianki Automobile's Shaoxing Branch Auctioned Off at 64.95 Million Yuan, Merely 10% of Their Book Value
1 week ago /
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Author：小编
According to details available on Ali Auction, on August 22, assets encompassing machinery, equipment, fixtures, and materials belonging to the Shaoxing Branch of Fujian Tianki Automobile Manufacturing Co., Ltd. were put up for auction. The final sale fetched around 64.95 million yuan, a figure representing less than 10% of the assets' original book value. As per the audit report released by PricewaterhouseCoopers Zhongtian LLP, the book value of the assets at Tianki Automobile's Shaoxing facility stood at nearly 1 billion yuan as of December 31, 2020.
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