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Sailun Group to Raise Stake in Vehicle Testing Unit for 420 Million Yuan
Sailun's Singaporean Unit to Loan DKK16 Million to Two Danish Ventures
Sailun Group (601058.SH) plans to increase investment in the East China test site by 0.42 billion yuan.
On February 24, Glonghui reported that Sailun Group (601058.SH) announced that East China (Dongying) Intelligent Connected Autos Testing Ground Co., Ltd. (hereinafter referred to as "East China Testing Ground") is an equity investee of the company (the current shareholding ratio is 37.22%). The East China Testing Ground plans to build industry-leading testing roads and supporting facilities, aiming to create a domestic leading and internationally top-notch public testing service platform for complete vehicles and components. The first phase of the East China Testing Ground focuses on intelligent connectivity and performance testing roads, among which the intelligent connectivity area is the most diverse closed testing area for intelligent connectivity in the country, and to date, the intelligent connectivity city.
Earnings Working Against Sailun Group Co., Ltd.'s (SHSE:601058) Share Price
Sailun Group (601058.SH): Ruijing Dingyue has cumulatively increased its Shareholding by 2.04%.
Gelonghui reported on February 21 that Sailun Group (601058.SH) announced that from November 18, 2024, to February 21, 2025, Ruiyuan Dingshi has cumulatively increased its Shareholding by 66,960,770 shares of the company through centralized bidding, accounting for 2.04% of the company's total share capital, with a total increase amount of approximately 0.964 billion yuan. This Shareholding increase plan has been completed.
Why We Like The Returns At Sailun Group (SHSE:601058)
Is Sailun Group Co., Ltd.'s (SHSE:601058) Recent Stock Performance Tethered To Its Strong Fundamentals?
