Zhitong Finance App News, Songsheng Co., Ltd. (301002.SZ) announced that the company signed the “Chongqing Jinggang Transmission Technology Co., Ltd. Equity Transfer Agreement” to transfer 6.25% of the company's shares in Chongqing Jinggang Transmission to Zhejiang Wuzhou Xinchun Group Co., Ltd. (hereinafter referred to as “Wuzhou Xinchun”). After the transaction is completed, the company will no longer hold shares in Chongqing Jinggang Transmission.

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