B · Normal
[Foton Motor: Plans to transfer Miyun factory assets to related parties for 1.516 billion yuan] On September 11, Foton Motor (600166.SH) announced that the company planned to transfer a total of 378 assets such as land use rights, factory buildings, machinery and equipment of the Miyun factory to BAIC New Energy Beijing Branch in a non-public agreement, with a transaction price of 1.516 billion yuan (including tax). This transaction constitutes a related transaction, which has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for review. After the transaction is completed, it is expected to reduce the company's current and future asset depreciation and amortization, and increase asset transfer income.
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