Chongqing Zonsen Power Machinery announced that its affiliated company, Zonsen New Intelligent Manufacturing, will invest 3.346 billion yuan to acquire 24.5513% of the shares of Loncin Motor held by Loncin Holdings, at a per share price of 6.6366 yuan. According to a court ruling, the first batch of 101407015 shares transferred corresponded to the shares of Loncin Motor purchased by Zonsen New Intelligent Manufacturing as the first heavy restructuring investment payment, accounting for 4.94% of the total share capital of Loncin Motor. Currently, Zonsen New Intelligent Manufacturing is pushing forward with the acquisition work.
宗申动力：拟33.46亿元收购隆鑫控股所持隆鑫通用股份 第一笔重整投资款已支付
Chongqing Zongshen Power Machinery intends to acquire Loncin Motor held by Loncin Holdings for ¥3.346 billion. The first installment of the restructuring investment has been paid.
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