A subsidiary of SST Alloy, Suzhou, will terminate the sale and lease of its assets. Prior to this, the company's holding subsidiary Suzhou Mei Rui Machinery Equipment Manufacturing Co., Ltd. and Jiangsu Xin Hong Kong Enterprise Co., Ltd. signed the agreement, "Leasing agreement", and the United States B&s Company related business equipment transfer to Jiangsu Xin Hong Kong, and to its rental located in Suzhou East Wu South Road, all plant, warehouses, office buildings, dormitories Site。 According to today's announcement, because of foreign customers based on long-term cooperative relations, do not want to end the production business cooperation with the Suzhou United States and Switzerland. Therefore, Suzhou United States and Switzerland will refund the full amount of Jiangsu Xin Hong Kong to pay the acquisition, lease, deposit and pay the wages of employees and other costs. Suzhou United States and Switzerland will continue to carry out the original snow machine business activities.
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