Weichai Power to transfer its 38% stake in Shengrui Transmission to Sinotruk
On June 6, Weichai Power Co., Ltd. (Weichai Power) announced that it intends to transfer its 38% stake in Shengrui Transmission Co., Ltd. (Shengrui Transmission) to China National Heavy Duty Truck Group Co., Ltd. (Sinotruk) for about CNY 760 million.
According to Weichai Power, the transfer will be conducive to prom....
According to Weichai Power, the transfer will be conducive to prom....
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