On April 30th, Seres Group Co., Ltd. exposed prepare for Chongqing State-owned Assets to end up being a considerable financier in the business. The Group plans to release shares to get 100% equity of Chongqing Liangjiang New Area Longsheng New Energy Technology Co., Ltd. This equity is presently held by Chongqing Industrial Investment Mother Fund Partnership (Limited Partnership), Chongqing Liangjiang New Area Development Investment Group Co., Ltd., and Chongqing Liangjiang New Area Industrial Development Group Co., Ltd. Upon conclusion of this deal, Longsheng New Energy will end up being a wholly-owned subsidiary of Seres Group Co., Ltd.
Seres Group thinks this relocation will enhance the business’s governance structure and highlight the vital assistance state-owned capital supplies to brand-new energy automobile business in Chongqing. It likewise intends to improve the noted business’s leading function and develop a strong structure for future supply chain optimization and commercial resource synergy.
Chongqing Liangjiang New Area Longsheng New Energy Technology Co., Ltd., established in 2022, mainly provides efficient leasing services for brand-new energy automobile factories. Since the pre-plan finalizing date, Longsheng New Energy’s primary possession is an incredibly factory, mainly utilized for producing brand-new energy car items like the AITO Wenjie M9 series.
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