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    Sunwoda's wholly owned subsidiary transfers 90% stake in Ou Sheng Automation

    2017-12-20 15:51:50   [Print]
    Sunwoda Electronics Co.Asian Metal Copyright After the completion of the transfer, Qianhai Hongsheng would no longer hold the shares of Ou Sheng Automation.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright made an announcement on the evening of December 18th, stating that Shenzhen Qianhai Hongsheng Technology Co.Asian Metal CopyrightSunwoda Electronics Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, a wholly owned subsidiary, will transfer a 90% of stake in Shenzhen Ou Sheng Automation Co.Asian Metal Copyright, a wholly owned subsidiary, will transfer a 90% of stake in Shenzhen Ou Sheng Automation Co.Asian Metal Copyright made an announcement on the evening of December 18th, stating that Shenzhen Qianhai Hongsheng Technology Co.Asian Metal Copyright, Ltd.Asian Metal CopyrightSunwoda Electronics Co.Asian Metal Copyright, its holding company at a price of RMB108 million to Zhuo Shuhong and Shen Hanbiao, and has signed the agreement.Asian Metal Copyright is a company mainly engaged in the industrial automation equipment and accessories.Asian Metal Copyright After the completion of the transfer, Qianhai Hongsheng would no longer hold the shares of Ou Sheng Automation.

    It is said that Shenzhen Ou Sheng Automation Co., Ltd.Asian Metal Copyright, its holding company at a price of RMB108 million to Zhuo Shuhong and Shen Hanbiao, and has signed the agreement.Asian Metal Copyright is a company mainly engaged in the industrial automation equipment and accessories.

    According to the analysis, Sunwoda's move aims to divest non-core business as well as loss-making business and focus on lithium battery manufacturing and PACK business.

    .Asian Metal Copyright After the completion of the transfer, Qianhai Hongsheng would no longer hold the shares of Ou Sheng AutomationAsian Metal Copyright
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