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BRIEF-Hongli Zhihui Group to sell 4.8 pct stake in new energy vehicle for 80 mln yuan
September 26, 2017 / 4:54 AM / 3 months ago

BRIEF-Hongli Zhihui Group to sell 4.8 pct stake in new energy vehicle for 80 mln yuan

Sept 26(Reuters) - Hongli Zhihui Group Co Ltd

* Says co plans to sell 4.8 percent stake in a Zhejiang-based new energy vehicle firm to an individual for 80 million yuan

* Says co will only indirectly hold 7.2 percent in the Zhejiang-based firm via co’s wholly owned unit after transaction

Source text in Chinese: goo.gl/gXgURA

Further company coverage: (Beijing Headline News)

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