The actual controller of JIANGTE MOTOR plans to indirectly increase its shareholding in the company
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JIANGTE MOTOR announced that its controlling shareholder, Jiangxi Jiangte Electric Group Co., Ltd., notified that the actual controller Wang Xin signed a share transfer agreement with 20 shareholders through Beijing Wubai Yingli Technology Co., Ltd., transferring 36.92% of the equity. Wang Xin's indirect shareholding ratio through Wubai Yingli Technology increased from 4.08% to 9.29%, but did not change the company's control
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