Chongqing Machinery & Electric Co. Ltd.HKEX: 2722

Connected transaction disposal of target equity

· Issued by Chongqing Machinery & Electric Co. Ltd. via HKEXnews

Filed with HKEX · Stock code 2722 · · 16 pages · English

Summary by 6ix AI

Chongqing Machinery & Electric Co. Ltd. has announced a connected transaction regarding the disposal of equity interest in a subsidiary to Silian Group, a wholly-owned subsidiary of its controlling shareholder. The transaction is classified as a connected transaction under the Listing Rules, and it is subject to annual review and reporting requirements but does not require independent shareholder approval.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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