The big shareholder of cloud internal power intends to sign cooperation agreement with Changan automobile
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NetEase Finance December 28 Cloud internal power night announcement, Kunming Sasac and the Armed Forces Group on the Yunnan internal combustion engine plant and the Chinese Weapons Equipment Group property Rights Cooperation Agreement content, the two sides to the relevant agreement of the main provisions have reached agreement, China's Changan Automobile group, which is under the supervision of Kunming Sasac and the military-loaded group, signed a cooperation agreement on property rights. Yunnan internal combustion engine factory holds 38.14% of the shares of Cloud power, the actual control of the cloud internal power of Kunming Sasac and the Armed Forces Group is the Yunnan internal combustion engine plant and the possibility of cooperation between the armed forces of the initial contact and discussion, the company's shares since December 8, 2010 has been suspended. As the first listed company in the domestic multi-cylinder small diameter diesel engine industry, the cloud internal power has more than 40 years of diesel engine development and production history, Its main entities include the parent company Kunming Cloud Power Co., Ltd. and the Chengdu Cloud Power Co., Ltd, which is engaged in diesel engine production, as well as two holding subsidiaries of Dazhou Motor Co., Ltd., which is engaged in the whole vehicle production. This is not the first time in the cloud to explore cooperation with the vehicle business, as early as this June, the cloud of power on the SAIC and the company had a reorganization of the scandal. A short period of time with two of the entire vehicle business out of the scandal, on the one hand, the decline in the dynamics of cloud performance, on the other hand, the Yunnan provincial government wants to use the auto industry to revitalize the province's economy, the strong desire.
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