BRIEF-Ecarx Holdings Entered Into Shareholders' Agreement With Smart Automobile
Reuters · 11/17/2023 13:56
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Nov 17 (Reuters) - Ecarx Holdings Inc. ECX.O:
ECARX HOLDINGS INC. - CO, THROUGH ITS UNIT, ENTERED INTO SHAREHOLDERS' AGREEMENT DATED NOVEMBER 16, 2023 WITH SMART AUTOMOBILE CO., LTD
ECARX HOLDINGS INC. - AGREEMENT TO ESTABLISH A CHINA-BASED JOINT VENTURE FOR DEVELOPMENT OF AUTOMOTIVE OPERATING SYSTEM SOFTWARE
ECARX HOLDINGS INC.: CO WILL SUBSCRIBE FOR ITS 49% OF EQUITY INTEREST IN JOINT VENTURE FOR A SUBSCRIPTION PRICE OF RMB 49 MILLION
ECARX HOLDINGS INC. - COMPANY AND SMART WILL BENEFICIALLY OWN 49% AND 51% OF EQUITY INTEREST IN JOINT VENTURE, RESPECTIVELY
Further company coverage: ECX.O
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