Jan 04, 2022 05:49 PM (GMT+8) · EqualOcean
Financial Associated Press, January 4 - Jinbei Automobile announced that the company supplies some auto parts to brilliance Renault. Due to the supply chain relationship, the company has related receivables, inventory, molds and fixed assets. In addition to the impairment of fixed assets, the bankruptcy and reorganization of brilliance Renault is expected to have an impact on the parent company's profit in 2021 of RMB 48 million.