On June 19th, Gelonhui reported that Wolong Electric Group (600580.SH) has fully paid the performance compensation of RMB 186,053,400 to Hongxiang Co., Ltd. (referred to as 'Hongxiang Co.'), on June 19th, 2024. The company has already made relevant provisions for the amount in the 2023 annual report, and this payment of performance compensation will not affect the company's current profits.
卧龙电驱(600580.SH)：向红相股份支付业绩补偿款合计1.86亿元
Wolong Electric Group (600580.SH): Paid a total of 186 million yuan in performance compensation to Hongxiang Stock.
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