Brief: Hybrid Kinetic Group's Unit Enters Licensing Agreement With FBHK
11/06/2019 11:30
June 11 (Reuters) - Hybrid Kinetic Group Ltd 1188.HK :
* UNIT ENTERED INTO A LICENSING AGREEMENT WITH FUJIAN
BANGZHU
HYBRID KINETIC NEW ENERGY INDUSTRIAL PARK
* LICENSE FEE UNDER LICENSING AGREEMENT IS RMB640 MILLION
* UNIT TO LICENSE IP & TECHNICAL KNOW-HOW TO FBHK FOR
DESIGN,
DEVELOPMENT, MANUFACTURE & SALES OF NEW ENERGY VEHICLES IN
FUJIAN PROVINCE
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6sLxV8
Further company coverage: 1188.HK
(Reuters.Briefs@thomsonreuters.com)
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