Home: Motoring > Foton Motor to Sell 378 Assets from Miyun Plant to Related Party for RMB 1.516 Billion

Foton Motor to Sell 378 Assets from Miyun Plant to Related Party for RMB 1.516 Billion

From:Internet Info Agency 2026-09-11 17:48:00

On September 11, Foton Motor (600166) announced that the company intends to transfer a total of 378 related assets—including land use rights, factory buildings, machinery, equipment, and facilities of its Miyun plant—to its affiliated party, Beijing Branch of BAIC BluePark New Energy Technology Co., Ltd., via a non-public agreement. The transaction price is RMB 1.516 billion (including tax).

Editor:NewsAssistant