Chang ' an automobile intends to buy Baoding long passenger and Changan to cross two companies ' equity

Source: Internet
Author: User
Keywords Equity Changan long passenger
Tags company control cross crossing enterprises group operation
Chang ' an automobile (000625) Monday Evening announced that the company intends to acquire Baoding Changan Bus Manufacturing Co., Ltd. 100% of the stake and Chongqing Changan Crossing Vehicle Co., Ltd. 34.3% of the equity.  The above shares are all owned by Chongqing Changan Industrial (Group) Limited liability company, which is the company's actual control legal person of China Southern Industrial Group's wholly subsidiary, this transaction constitutes a related transaction.  The company said that the acquisition is conducive to further standardize the operation of the company and reduce day-to-day related transactions, to avoid potential in the future with the actual control of the company's affiliated enterprises in the peer competition, is conducive to the development of light commercial vehicle business areas. Changan car closed at 9.98 yuan in Monday, rising 2.36%.
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