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Sinomach Automobile (600335.SH): Subsidiaries plan to sell assets.
Sinomach Automobile (600335.SH) announced that its subsidiary, Shanghai Mingchuang Automotive Sales and Service Co., Ltd., plans to dispose of its 30 vehicle license plate quotas within the validity period in Shanghai. The company has entrusted Shanghai International Commodity Auction Co., Ltd. to conduct the auction, and the auction price is based on the average fill price for the current month. The disposal profit and loss will be calculated based on the actual auction transaction price. Shanghai Mingchuang holds 30 "Motor Vehicle Quota Business Completion Certificates" in the Shanghai area during the validity period, with a total original asset value of 1.9438 million yuan and a total net value of 0.31 million yuan.
Express News | Sinomach Automobile: Subsidiary plans to sell 0.08% of its stocks in Wanxiang Qianchao.
Express News | Sinomach Automobile: Subsidiary companies plan to dispose of 30 vehicle license plate quotas within the effective period in Shanghai with the 'Vehicle Quota Business Completion Certificate'.
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Does Sinomach Auto MobileLtd (SHSE:600335) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how
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