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    1114 — Brilliance China Automotive Holdings News Story

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    Brief: Brilliance China Automotive Says Renault Brilliance Jinbei Automotive Facing Financial Problems

    Picture of Brilliance China Automotive Holdings logoBrilliance China Automotive Holdings
    11/04/2023 16:14
    April 11 (Reuters) - Brilliance China Automotive
Holdings Ltd  1114.HK :
    * RENAULT BRILLIANCE JINBEI AUTOMOTIVE FACING FINANCIAL
PROBLEMS &
NOT ABLE TO MEET ITS CURRENT FINANCIAL OBLIGATIONS
    * PROPOSES ENTIRE EXISTING REGISTERED CAPITAL OF RBJAC BE
REDUCED
TO NIL
    * CAPITAL CONTRIBUTION OF UP TO RMB1.36 BILLION PROPOSED TO
BE
INJECTED INTO RBJAC BY SHENYANG JINBEI AUTOMOTIVE INDUSTRY

Source text for Eikon:  ID:nHKSc0yCFN 
Further company coverage:  1114.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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