Chery Holdings wants to transfer 49% stake in Wuhu Anrui Optoelectronics

The reporter learned from the Anhui Changjiang Equity Exchange yesterday that Chery Holdings intends to transfer its 49% stake in Wuhu Anrui Optoelectronics, with a listing price of 40.79 million yuan.

According to the announcement, Anrui Optoelectronics operates automotive lighting fixtures, rearview mirrors, locks and washers. The company's shareholding is 49% for Chery Holdings and 51% for Sanan Optoelectronics. In the first eight months of this year, Anrui Optoelectronics' revenue was 27.81 million yuan and its net profit was -8.34 million yuan.

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