Abstract: The company plans to sell all the assets and liabilities of the silicon plate to the controlling shareholder of the Research Institute. In order to avoid horizontal competition and related party transactions, the company will sell the major assets through the board of directors and shareholders meeting. Review and obtain approval from relevant government agencies...
On the evening of the 18th, the company announced that the company intends to sell all the assets and liabilities of the silicon plate to the controlling shareholder of the Research Institute. In order to avoid horizontal competition and related party transactions, the company will pass the board of directors and shareholders meeting for consideration. After obtaining approval or filing by the relevant government authorities, the project of raising funds for investment, the 8-inch silicon single crystal polishing sheet project, will be terminated, and the corresponding asset sales price will be returned to the fundraising account in time.

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SHAOXING ZHENGHONG AUTO PARTS CO.LTD , https://www.kontinental-bearing.com

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