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Sensteed Hi-Tech Group's (SZSE:000981) Investors Will Be Pleased With Their Decent 62% Return Over the Last Five Years
Optimistic Investors Push Sensteed Hi-Tech Group (SZSE:000981) Shares Up 32% But Growth Is Lacking
Sensteed Hi-Tech Group Sells 80% Stake in Yunfeng Automobile for 25 Million Yuan
Shanzi Gaoke's desire to divest from the complete vehicle Business faces opposition from the company's Director. Has the main business structure not been optimized and has there been internal "differentiation"? | Quick read of the announcement.
① Shanzi Gaoke stated that the company is selling its stake in Yunfeng Autos to optimize its main Business structure, but this was opposed by Director Liu Zhongxi; ② There were signs that Shanzi Gaoke wanted to divest Yunfeng Autos, as there have been no clear production and sales data reported since November 2024; ③ Shanzi Gaoke mainly has two platforms: Zhidao New energy Fund and Yunfeng Autos, with Yunfeng Autos focusing on the auto export business.
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