扬州新丰泰钧盛主要从事在扬州经营4S店开展雷克萨斯汽车的销售及服务。于本公告日期，扬州新丰泰钧盛由陕西新丰泰汽车技术开发拥有100%的权益。出售事项完成后，中升大连将拥有扬州新丰泰钧盛的100%股权。On July 20, 2024, Sunfonda GP (01771.HK) released an announcement that (i) Shaanxi Sunfonda and Shaanxi Sunfonda Automotive Technology Development (both indirect wholly-owned subsidiaries of the company) and Zhongsheng Dalian entered into Agreement A; (ii) Shaanxi Sunfonda Automotive Technology Development and Sunfonda Hong Kong (indirect wholly-owned subsidiaries of the Company) and Zhongsheng Dalian entered into Agreement B; and (iii) Shaanxi Sunfonda Automotive Technology Development and Zhongsheng Dalian entered into Agreement C, respectively selling all equity interests in Suzhou Sunfonda Toyota, Wuxi Sunfonda, and Yangzhou Sunfonda Junsheng. After the completion of the sale, the Group will no longer have any equity interests in the target companies.
The target companies include Suzhou Sunfonda Toyota, Wuxi Sunfonda, and Yangzhou Sunfonda Junsheng. Suzhou Sunfonda Toyota mainly engages in the sales and service of Toyota cars in Suzhou. As of the date of this announcement, Shaanxi Sunfonda and Shaanxi Sunfonda Automotive Technology Development own 60% and 40% equity interests in Suzhou Sunfonda Toyota, respectively. After the completion of the sale, Zhongsheng Dalian will have 100% equity interest in Suzhou Sunfonda Toyota.
Wuxi Sunfonda mainly engages in the sales and service of autos in Wuxi. As of the date of this announcement, Shaanxi Sunfonda Automotive Technology Development and Sunfonda Hong Kong own 70% and 30% equity interests in Wuxi Sunfonda, respectively. After the completion of the sale, Zhongsheng Dalian will have 100% equity interest in Wuxi Sunfonda.
Yangzhou Sunfonda Junsheng mainly engages in the sales and service of Lexus cars in Yangzhou. As of the date of this announcement, Shaanxi Sunfonda Automotive Technology Development owns 100% equity interest in Yangzhou Sunfonda Junsheng. After the completion of the sale, Zhongsheng Dalian will have 100% equity interest in Yangzhou Sunfonda Junsheng.
According to the announcement, based on its global strategy, the Group has decided to sell the target companies to improve the overall operational efficiency and achieve further optimization of the assets, financial conditions and asset liquidity of the Group.