Search
Landai Technology has made a public announcement that its wholly-owned subsidiary, Ma'anshan Landai Transmission Machinery Co., Ltd., is set to offload assets associated with the electric drive assembly business. These assets are situated at No. 199 Longshan Road within the Ma'anshan Economic and Technological Development Zone. In addition to the physical assets, the deal encompasses all pertinent rights and interests essential for the continuous operation of this particular business segment. The recipient of these assets will be LUXSHARE Precision Industry (Ma'anshan) Co., Ltd., with the transfer price pegged at 110 million yuan, inclusive of a 13% Value-Added Tax (VAT). It is anticipated that this transaction will result in a negative impact of 13 million yuan on the company's overall profits and losses.
-
C114 Communication Network -
Communication Home
