Inbor to Divest 100% Stake in Zhuhai Dingyuan Subsidiary for 239 Million Yuan
1 week ago / Read about 0 minute
Author:小编   

Inbor has announced plans to sell the entire 100% equity stake in its wholly-owned subsidiary, Zhuhai Dingyuan New Energy Automobile Electrical Research Institute Co., Ltd., for a total of 239 million yuan. Upon the completion of this transaction, Zhuhai Dingyuan will cease to be a part of Inbor's consolidated financial statements. The deal has already received the green light from the company's board of directors and supervisory board, but it still awaits final approval from the shareholders' meeting.