hamaton automotive technology (300643.SZ) announced that the company plans to sell Hama... for a consideration of 0.1725 million euros.
According to the Zhitong Finance APP, hamaton automotive technology (300643.SZ) announced that the company plans to sell 55% of the shares in Hamaton Limited to Ian Stanley Smith for a consideration of 0.1725 million euros. After the completion of the trade, Ian Stanley Smith will hold 100% of Hamaton Limited, and the company will no longer hold any shares in Hamaton Limited. At the same time, Hamaton Limited and its subsidiaries Hamaton GmbH and Hamaton Poland zoo will no longer be included in the company's consolidated financial statements.
The company's wholly-owned subsidiary Hamaton (Hong Kong) Limited plans to use its own funds of 1.3312 million euros to purchase 45% of the shares in Hamaton Inc. held by Ian Stanley Smith. After the completion of the trade, the company and Hamaton (Hong Kong) Limited will together hold 100% of the shares in Hamaton Inc.
The announcement shows that the companies involved in this equity trade are all trading companies without independent production capabilities. This trade is in line with the company's global strategy and operational development needs, conducive to improving the company's industry chain layout and enhancing the company's profitability.