Shanghai Automobile issued a clarification announcement on June 22 stating that the company promised to plan no significant asset restructuring for Yunnei Power within the next three months.
The relevant media reported recently that SAIC Motor Corporation has established a project team and the target is initially to be the passenger car diesel engine business of Kunming Yunnei Power Co., Ltd. The two parties are currently negotiating on the details of the cooperation and possible cooperation methods. The first is mutual equity participation.
According to the announcement, the cooperation between SAIC Motor and Yunnei Power is limited to the diesel engine business. If there is a similar acquisition plan in the future, it will strictly comply with the requirements of the listing rules to fulfill the relevant information disclosure obligations.
Union Flange,Tyler Union Flange Fittings,Tyler Union Flange Adapter,Union Flange Adaptor
Jiangsu Solid Machinery Manufacturing Co., Ltd. , https://www.oilsolid.com