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: ["IAT Holding's Subsidiary Calls Off RMB 1.451 Billion DHT Product Procurement Deal, Previously Seen as a Major Step in Overseas Expansion
2025-12-17 /
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Author：小编
On December 15, IAT disclosed that its majority-owned subsidiary, Sichuan IAT New Energy Vehicle Co., Ltd., along with HDI TRADING CO., LIMITED, had formally entered into a Termination Agreement. Under this agreement, both entities mutually consented to cancel the previously executed procurement contract for dedicated hybrid transmission (DHT) products. The decision to terminate the contract was primarily driven by the prevailing market conditions in the region where HDI's end customer is situated. This outcome was achieved following amicable discussions and consultations between the two companies.
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