In the announcement of Songz Automobile Air Conditioning, the company intends to use its own funds of 15.9732 million yuan to purchase 20% equity stake in Wuhan Songz from Wuhan Aipu. The purpose of this equity transfer is to repay accounts receivable, reduce business risks, protect shareholder rights, and enhance the company's manufacturing and supporting capabilities in Central China. After the equity transfer is completed, the company's centralized control and unified management ability over Wuhan Songz will be further enhanced. This transaction is not considered a related party transaction and does not constitute a major asset restructuring.
松芝股份:拟1597.32万元购买武汉松芝20%股权
Songz Automobile Air Conditioning: Intends to purchase 20% equity stake in Wuhan Songz for 15.9732 million yuan.
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