Geely Maijie Investment Co., Ltd. completed the acquisition of a 29.77% stake in Zhejiang Qianjiang Motorcycle Co., Ltd. from Zhejiang Geely Holding Group Co.,Ltd.
June 26, 2022
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Geely Maijie Investment Co., Ltd. agreed to acquire 29.77% stake in Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) from Zhejiang Geely Holding Group of CNY 1.53 million on January 28, 2022. Under the terms Geely Maijie Investment Co., Ltd. acquired 135 million shares for CNY 11.36 per share.
Geely Maijie Investment Co., Ltd. completed the acquisition of a 29.77% stake in Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) from Zhejiang Geely Holding Group Co.,Ltd. on June 27, 2022.
Zhejiang Qianjiang Motorcycle Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of motorcycles and electric bicycles. The Company operates primarily through three segments. The Railway, Shipbuilding, Aerospace and Other Transportation Equipment Manufacturing segment is mainly engaged in the research and development, manufacturing and sales of motorcycles, electric bicycles and motorcycle parts. The Semiconductor Discrete Device Manufacturing segment is mainly engaged in the packaging and testing of discrete devices. The Investment Management segment is mainly engaged in investment management business. The Company mainly conducts its businesses in domestic and overseas markets.
Geely Maijie Investment Co., Ltd. completed the acquisition of a 29.77% stake in Zhejiang Qianjiang Motorcycle Co., Ltd. from Zhejiang Geely Holding Group Co.,Ltd.
ZHEJIANG QIANJIANG MOTORCYCLE CO., LTD. 
