CRRC Times Electric Subsidiary to Undertake Restructuring

MT Newswires Live

2025/05/02

Train manufacturer Zhuzhou CRRC Times Electric (SHA:688187, HKG:3898) said subsidiary Zhuzhou CRRC Times Semiconductor plans to change its overall establishment into a joint-stock company.

The restructuring will use a net-asset-to-share ratio of 1:0.52911, retaining existing shareholders' stakes, according to a filing with the Shanghai bourse.

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