Kunming Yunnei Power to acquire 100 percent share in Chengdu Yunnei Power  [ China ]

Kunming Yunnei Power Co., Ltd. announced that it will acquire the remaining 28.62 percent share in Chengdu Yunnei Power Co., Ltd. to turn the Chengdu facility into its wholly owned subsidiary. Shares will be transferred from Chengdu Diesel Engine General Plant for approximately CNY 45.2 million. Chengdu Diesel Engine General Plant is owned 100 percent by Yunnei Power Group Co., Ltd., which is K...