Recently, Zhuhai Yingboer Electrical Co., Ltd. made an official announcement, stating that it has finalized the deal to transfer 100% of the equity in its wholly-owned subsidiary, Zhuhai Dingyuan New Energy Vehicle Electrical Research Institute Co., Ltd., to Zhuhai Xinchuang Precision Manufacturing Co., Ltd. By the announcement date, Yingboer had already received the entire equity transfer amount, totaling 238.9 million yuan (rounded to 239 million for simplicity in the title), marking the full completion of the equity transfer process.
