Brief: Baic Motor Says Co Together With Beijing Electric Vehicle And Others Entered Into Equity Transaction Agreement

Baic Motor

15/07/2022 15:12

July 15 (Reuters) - BAIC Motor Corp Ltd  1958.HK :
    * CO TOGETHER WITH BEIJING ELECTRIC VEHICLE, BEIQI FOTON AND
OTHERS ENTERED INTO EQUITY TRANSACTION AGREEMENT WITH YITANG
SHENGLONG
    * UNDER DEAL, CO TO DISPOSE OF 12.02% STAKE IN NATIONAL
INNOVATION
CENTER AT CONSIDERATION OF RMB67.5 MILLION
    * BJEV, BEIQI FOTON AND HAINACHUAN AGREED TO DISPOSE OF
12.38%,
12.02% AND 7.21% STAKES IN NATIONAL INNOVATION CENTER HELD BY
THEM

Source text for Eikon:  ID:nHKS7VSxyZ 
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