Honbridge Holdings Completes Sale of Stake in Shandong Forever New Energy

Reuters
2025.12.29 11:16
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Honbridge Holdings Limited has finalized the sale of its stake in Shandong Forever New Energy Technology Co., Ltd., completing the transaction on December 29, 2025. The company no longer holds any equity in Shandong Forever New Energy. Triumphant Glory and Geely Auto sold approximately 24.5% and 17.0% equity interests to Suzhou Aplesi for RMB9,290,000 and RMB5,510,000, respectively, with related debt assignments completed at nil consideration.