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Shenzhen HiFuture Electric Co.,Ltd. to Transfer Equity Shares


Friday, 30 Mar 2012 08:00pm EDT 

Shenzhen HiFuture Electric Co.,Ltd. announced that it will transfer all its 63% stake in a Beijing-based compound material company (Company A) to the Company's subsidiary, a Changchun-based polyimide material company (Subsidiary A), for RMB 6.3 million. Company A's another subsidiary, He Feng, will also transfer a 29% stake in Company A to Subsidiary A for RMB 2.9 million. After that, Subsidiary A will hold a 92% stake in Company A. 

Company Quote

9.27
0.26 +2.89%
20 May 2013