Wanxiang Qianchao to sell 65% of its shares in Harbin Wanxiang Hafei Auto Chassis System

Wanxiang Qianchao Co., Ltd. (Wanxiang Qianchao) announced that it would sell a 65% stake in its subsidiary Harbin Wanxiang Hafei Auto Chassis System Co., Ltd. (Harbin Wanxiang) to Harbin Xiaojiuwo Trading Co., Ltd. in order to consolidate its management resources, strengthen its core products, and improve its develop....

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