Bank of China Gold Leasing (01606) announced that the company (as the buyer) and the seller Shanghai Huaxing Hongjie Auto Sales & Service Co., Ltd. signed an asset transfer agreement on January 11, 2024 (after the transaction period). Based on this, the seller agreed to sell, and the buyer agreed to purchase the subject matter of this transfer, at a total cost of RMB 723 million.
According to reports, the subject of this transfer is vehicles sold by the seller in various provinces of China.