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Baoding Tianwei Baobian Electric Co Ltd Announces Completion of Equity Transfer by Shareholder


Monday, 17 Jun 2013 08:00pm EDT 

Baoding Tianwei Baobian Electric Co Ltd announced that the Company's shareholder, Tianwei Group, has completed the transfer of 352,000,000 shares of the Company, or a 25.64% stake, to its shareholder, China South Industries Group Corporation, effective June 14, 2013. As a result, Tianwei Group now holds a 25.66% stake in the Company, while China South Industries Group Corporation holds a 25.64% stake in the Company. 

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