On January 12, Brilliance China (Brilliance China) announced on the Hong Kong Stock Exchange that the court accepted the reorganization application of its subsidiary Renault Brilliance Jinbei Automobile Co., Ltd.
According to the announcement, on January 12, the reorganization application was accepted by the Shenyang Intermediate People's Court. According to the court order, the liquidation team of Brilliance Renault Jinbei Automobile Co., Ltd., led by Mr. Gao Wei, director of the Comprehensive Regulation Department of the State-owned Assets Supervision and Administration Commission of the People's Government of Liaoning Province, has been appointed by the Shenyang Intermediate People's Court as the administrator to manage the reorganization.
The company said that Brilliance China will continue to pay close attention to the development of the reorganization and actively cooperate with the follow-up reorganization process. (Zhongxin Jingwei APP)
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