Shanzi High-Tech: Equity Sale of Holding Subsidiary and Restructuring of Fuel Passenger Vehicle Business
2025-05-16 / Read about 0 minute
Author:小编   

Shanzi High-Tech has announced that its subsidiary, Shanzi Automobile, will sell an 80% stake in Heilongjiang Yunfeng Automobile for a total consideration of RMB 24.6 million. This strategic move aims to bolster the development of new car models and refine the core business structure. Upon completion of the transaction, the company intends to restructure its fuel passenger vehicle business, which is expected to result in a shift in its revenue composition. Investors are advised to stay vigilant and mindful of potential investment risks associated with these changes.