Changzhou Xingyu Automotive Lighting Systems to sell 80 pct stake in automobile sale and service company at 5.3 mln yuan

Industry: Automotive 2016-09-01

Changzhou Xingyu Automotive Lighting Systems :

* Says it will sell 80 percent stake in a Changzhou-based automobile sale and service company at 5.3 million yuan to individual Jiang Hong

* Says it will hold 0 percent stake in the target company after sale

Source text in Chinese: goo.gl/q2sTPw

Further company coverage: (Beijing Headline News).

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Source: Reuters.com

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