Fawer Automotive plans to sell shares of Hanma Technology
FAWER Automotive Parts Co. (SZSE:000030) announced its intention to sell its holdings in Hanma Technology Group Co., Ltd., along with its wholly-owned subsidiary, FAWER (Liaoning) Automotive Spring Co., Ltd. The proposed sale involves approximately 102,000 shares of Hanma Technology. The decision, approved at the company's board meeting on June 20, 2025, aims to improve asset efficiency. FAWER's management has been authorized to execute the sale at their discretion within the next 12 months, including determining the method, timing, price, and volume of the transactions, based on market conditions. As of March 31, 2025, FAWER's holdings represent approximately 0.0064% of Hanma Technology's total share capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when FAWER Automotive Parts Company publishes news
Free account required • Unsubscribe anytime