Brief: BYD Electronic Intl To Buy Assets For New Energy Vehicle Parts From BYD Group

Byd Electronic (International)

28/12/2022 09:56

Dec 28 (Reuters) - BYD Electronic International Co Ltd
 0285.HK :
    * SHALL PURCHASE ASSETS USED FOR THE ASSEMBLY AND PROCESSING
OF
NEW ENERGY VEHICLE  PARTS FROM BYD GROUP
    * BELIEVE PURCHASE OF ASSETS EFFECTIVE WAY TO EXPAND GROUP’S
PRODUCTION LINES OF BUSINESS
    * WILL BENEFIT FROM REDUCED TRANSPORTATION COST OF ASSETS BY
PURCHASING FROM BYD GROUP

Source text for Eikon:  ID:nHKS9pHfzv 
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 ((Reuters.Briefs@thomsonreuters.com;))