Shang Gong Group announced that the company increased capital to its wholly-owned German subsidiary, DuKe Pu Ai Hua GmbH, with self-raised funds, and participated in the bankruptcy reorganization of ICON Aircraft Inc. and its affiliates in the United States by establishing a new subsidiary as a fake bidder and purchasing relevant effective assets. Finally, it successfully bid for $15.79 million. As of the disclosure date of this announcement, the US bankruptcy court has made an asset sale order, approving ICON and its affiliates to sell the relevant effective assets to the company.
上工申贝：子公司以1579万美元成功竞标美国ICON公司相关资产
Shang Gong Group: Subsidiary has successfully bid for assets related to ICON in the USA for $15.79 million.
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