The announcement shows that significant progress has been made in the asset replacement project of FAW Car. As a wholly-owned unlisted subsidiary of FAW, FAW Pentium Car Co., Ltd. (hereinafter referred to as "FAW Pentium") has become the operating entity of FAW Pentium brand. Commercial vehicle brand faw liberation successfully landed in the capital market. The completion of asset replacement is good for FAW Pentium and faw liberation.
From the perspective of FAW Pentium, the brand has to give full information disclosure in the management structure of listed companies in accordance with the requirements of listing laws and regulations, and has strict requirements for short-term business performance, which inevitably affects the efficiency and flexibility of FAW Pentium's decision-making to some extent. After FAW Pentium becomes a wholly-owned subsidiary of FAW, the efficiency and flexibility of brand decision-making will be improved.
From faw liberation's point of view, after listing and reorganization, as a high-quality asset of FAW Group, it is more conducive to obtaining the support of the capital market, improving the independent research and development capability, further improving the technical level and product quality, further expanding the domestic and international truck market, and enhancing FAW's market share in the commercial vehicle market segment.
At the same time, the capital market also generally believes that faw liberation can not only enhance the overall strength of FAW Group, but also greatly enhance the profitability, asset size, market value and voice of listed companies in the capital market.
With the completion of the registration procedures for industrial and commercial changes in the placement and placement of assets, faw liberation officially became the main body of listed companies, and the major asset restructuring of FAW Car finally came to an end.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.