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Northeast Electric 50 million sale subsidiary 26% Equity

Source: Internet
Author: User
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Washington Northeast Electric (000585.　　SZ) today issued a notice, 15th, the company will hold a subsidiary of the new Northeast Electric (Shenyang) high-voltage Isolation Switch Co., Ltd. 25.6% equity investment in RMB 52.8 million to sell to the new Asahi International. The company said the transaction had no effect on the company's assets or liabilities, but it is expected to generate about 9 million yuan in the current period of profits.

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