Core Viewpoint - Longxin General has completed the transfer of its entire stake in CMD, marking a strategic decision to mitigate uncertainties in CMD's future development and focus on its own strategic direction [2][3] Group 1: Transaction Details - Longxin General has transferred 67% of its stake in CMD to minority shareholders for a consideration of €1 million [2] - The company has fully received the payment for the stake transfer and has paid the termination fee to CMD [3] - All related agreements, including the termination agreement, have been signed and executed according to the framework agreement [3] Group 2: Strategic Implications - The completion of this transaction signifies the end of Longxin General's involvement with CMD, allowing the company to concentrate on its strategic development [3] - The decision to divest CMD was made to avoid potential risks associated with CMD's uncertain future under the current shareholding structure [2]
隆鑫通用完成CMD公司全部股权出让,100万欧元对价交割完毕