Suzhou DSM green power Co., Ltd. and Beijing WKW Automobile Parts Co., Ltd. formally signed an investment agreement
On July 11, 2017, Beijing WKW Automobile Parts and Components Co., Ltd. (hereinafter referred to as "Jingwei Share", stock code: 002662) in accordance with the needs of its new energy vehicle development strategy, in the tenth meeting of the fourth session of the board of directors to consider and adopt the "on the purchase of Suzhou DSM green power Co., Ltd. 23% equity proposal" The bill will invest 115 million yuan to buy a 23% stake in Suzhou DSM green power Co., Ltd. This time, the participation of DSM will help Jingwei to accelerate its overall layout in the new energy automotive industry and promote the rapid development of the company. DSM will take this opportunity, with the help of Jingwei's strong capital and market foundation, with the support of DSM generator technology and extended range power system integration technology, vigorously expand the development of the new energy automobile industry.
On July 13, 2017, Mr. Wu Deping, Chairman of Suzhou DSM Green Power Co., Ltd. and Mr. Li Bingyu, Chairman of Beijing WKW Automobile Parts Co., Ltd. officially signed the investment agreement.
Mr. Chen Xiao, Executive Director of Hybrid Kinetic Group Co., Ltd. witnessed the signing ceremony of the investment agreement between Suzhou DSM Green Power Co., Ltd. and Beijing WKW Automobile Parts Co., Ltd.
Mr. Li Jingyu, chairman of Beijing WKW Automobile Parts Co., Ltd., and Mr. Meng Minghua, chairman of Jiangsu Kaiwei Automobile Industry Group Co., Ltd., came to Suzhou DSM to inspect and instruct.
