闻泰科技：Valuation to improve on ODM business spin-off

3 Jan 2025 Earnings Summary CMB International Global Markets | Equity Research | Company Update Wingtech (600745 CH) Valuation to improve on ODM business spin-off On December 31, 2024, Wingtech signed a "Letter of Intent for Sale" for nine wholly-owned ODM subsidiaries with Luxshare Limited in an all-cash deal. This move follows its recent addition to the US trade blacklist (news). According to mgmt., this transaction serves two primary purposes: (1) to align with the risk preferences of certain ODM clients ...