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CHINA: Brilliance Auto sells 75% of Shenyang ChenFa Automobile Component

Brilliance Auto has sold Dalian Huaxia 75% of Shenyang ChenFa Automobile Component for CNY60m (US$9.4m).

October 18, 2011

Brilliance Auto has sold Dalian Huaxia 75% of Shenyang ChenFa Automobile Component for CNY60m (US$9.4m).

Brilliance retained a 25% stake in the company.

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CHINA: Brilliance Auto sells 75% of Shenyang ChenFa Automobile Component