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Lizhong Wheel Group Ltd Announces Transfer of 75% Shareholding In Baoding Lizhong Wheel Manufacturing Co., Ltd To Lizhong Wheel Co., Ltd


Tuesday, 8 Jan 2013 04:56am EST 

Lizhong Wheel Group Ltd announced that pursuant to its internal restructuring plans, Lizhong Wheel has transferred its 75% shareholding in Baoding Lizhong Wheel Manufacturing Co., Ltd (Baoding Lizhong) to its wholly owned subsidiary, Lizhong Wheel Co., Ltd (Tianjin Lizhong) (the transfer) with effect from December 28, 2012, being the date on which the relevant transfer procedures were completed. After the transfer Company and Tianjin Lizhong hold 25% and 75% shareholdings in Baoding Lizhong respectively. 

Company Quote

0.22
-0.03 -12.00%
12 Sep 2014