Jingxi International (02339.HK) plans to invest approximately 97.3 million Hong Kong dollars to purchase assets from BWI Indiana.

date
16/07/2025
Intelligence Finance APP News, Kingwest International (02339.HK) announced that on July 15, 2025, Kingwest Poland (a wholly-owned subsidiary of the company) entered into an agreement to transfer ownership of assets with BWI Indiana (a wholly-owned subsidiary of Kingwest Heavy Industry (Beijing)). According to this agreement, Kingwest Poland agrees to purchase assets from BWI Indiana for the purpose of using the assets in the production of passive shock absorbers and SARC products in the Polish plant, for a total consideration of approximately HK$9.73 million.