Fuda Corporation (603166.SH) plans to set up a subsidiary to take over the business of the New Energy Electric Drive Technology branch.

Zh tng cijng APP xn, fd gfn (603166.SH) fb gnggo, gngs wi jny gng yuhu qy zzh jigu j yw bj, mngx g yw bnkui de mbio dngwi y zrn, cjn g yw bnkui xitng fzhn bng tgo gngs zhngt jngyng gunl xionng, gngs n chz shl qunz zgngs guln fd qdng kj yuxin gngs (zndng mng), y chngji guln fd gfn yuxin gngs xnnngyun din q kj fngngs de yw. Shngsh chngji shxing wnchng hu, jing zhxio guln fd gfn yuxin gngs xnnngyun din q kj fngngs. Zhtng Caijing APP News: Fuda Corporation (603166.SH) announced that, in order to further optimize the company's organizational structure and business layout, clarify the target positioning and responsibilities of each business sector, promote the coordinated development of each business sector, and improve the overall operational efficiency of the company, the company plans to establish a wholly-owned subsidiary, Guilin Fuda Drive Technology Co., Ltd. (tentative name), to take over the business of the New Energy Motor Technology Branch of Guilin Fuda Corporation. After the above-mentioned takeover is completed, the New Energy Motor Technology Branch of Guilin Fuda Corporation will be cancelled.