Grand Baoxin Auto Group Provides Further Details on Disposal of Entire Interest in Target Company

Reuters

Oct 20

<a href="https://laohu8.com/S/GBXXY">Grand Baoxin Auto</a> Group Provides Further Details on Disposal of Entire Interest in Target Company

Grand Baoxin Auto Group Limited has provided further details regarding its previously announced disposal of its entire interest in a target company. The company disclosed that the valuation of the target was based on current assets, including bank deposits and account receivables, with the appraised value of bank deposits determined by verifying bank statements. The board reviewed the valuation methodology, key assumptions, and the qualifications of the valuer, and concluded that the valuation used as the basis for the transaction consideration is fair and reasonable. This information was released by Grand Baoxin Auto Group Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grand Baoxin Auto Group Limited published the original content used to generate this news brief on October 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Grand Baoxin Auto Group Limited published the original content used to generate this news brief on October 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1239","symbol_name":"汽车零售","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251020:nNDL7tzwpX:1","article_id":"2576554908","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576554908","pubTimestamp":1760959164,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Grand Baoxin Auto Group Limited has provided further details regarding its previously announced disposal of its entire interest in a target company. The company disclosed that the valuation of the target was based on current assets, including bank deposits and account receivables, with the appraised value of bank deposits determined by verifying bank statements. The board reviewed the valuation methodology, key assumptions, and the qualifications of the valuer, and concluded that the valuation used as the basis for the transaction consideration is fair and reasonable. This information was released by Grand Baoxin Auto Group Limited.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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