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Foton Motor plans to transfer some assets of heavy machinery factory to Foton Daimler for RMB 1.197 billion.

Caijing Auto News? Foton Motor intends to transfer some assets of the heavy machinery factory to Foton Daimler.

Recently, Foton Motor announced that the company publicly listed and transferred the premises and equipment of Huairou Heavy Machinery Factory through the Beijing Equity Exchange. On October 2, 2121, the company signed a physical assets transaction contract with Beijing Foton Daimler Automobile Co., Ltd., and transferred some assets of the heavy machinery factory to Foton Daimler at a price of about 1.197 billion yuan.

Caijing Auto contacted Foton Motor for this purpose, and Foton Motor did not make too much explanation on the significance and purpose of this transfer.

On April 22nd, 2121 and May 8th, 2121, the board of directors and shareholders' meeting of Foton Motor deliberated and passed the Proposal on Public Listing and Transfer of Property and Equipment of Huairou Heavy Machinery Factory; 9? Month? 22? On, Foton Motor publicly listed on the Beijing Equity Exchange to transfer the premises and equipment of Huairou Heavy Machinery Factory and other related assets; 11? Month? 27? On, Foton Motor received the Notice of Listing Results from Beijing Equity Exchange, and Beijing Foton Daimler Automobile Co., Ltd. became the transferee; 11? Month? 2? On, Foton Motor and Foton Daimler signed the Real Assets Transaction Contract.

on October 3rd, Foton Motor released its production and sales report for October. The data shows that Foton Motor sold 61,978 vehicles in October, compared with 47,151 vehicles in the same period last year, an increase of 29.61%. From October to October, 563,245 vehicles were sold, a year-on-year increase of 29.19%.

In terms of output, Foton Motor produced 67,961 vehicles in October, compared with 46,645 vehicles in the same period last year, up 45.6% year-on-year; The cumulative output from October to October was 564,444 vehicles, compared with 436,826 vehicles in the same period last year, up 29.21% year-on-year.

Beiqi Foton released the sales data, and also announced the progress announcement on repurchasing the company's shares. According to the announcement, by the end of October, 2121, the company had repurchased 86,914,711 shares through centralized bidding, accounting for 1.32% of the company's total share capital. The highest price purchased was 2.19 yuan/share, and the lowest price was 1.79 yuan/share, and the total amount paid was 173,455,611 yuan (excluding transaction costs).

This article comes from the author of Chejia, car home, and does not represent car home's standpoint.