Weilong shares: it is proposed to transfer 49% equity of Jiju electromechanical with RMB 24.5 million
Financial Associated Press, Dec. 10 - Weilong announced that the company plans to transfer 49% of the equity of its wholly-owned subsidiary Qingdao Jiju electromechanical Co., Ltd. ("Jiju electromechanical") to LV Renhong, the transferee, at a transfer price of 24.5 million yuan. After the equity transfer, the company will hold 51% of the equity of juelectromechanical. This equity transfer does not involve changes in the scope of consolidated statements, that is, juelectromechanical is still the holding subsidiary of the company.
This text is a result of machine translation.
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