Bosch: it is proposed to transfer all shares of Sihong Bosch, a holding subsidiary.

[Bosch: plans to transfer all shares of Sihong Bosco, a holding subsidiary]-according to an announcement by Bosch, the company intends to transfer all the shares of Sihong Bosco, a holding subsidiary, to Ningguo State Control, the controlling shareholder. After the completion of this transaction, the company will no longer hold the equity of Sihong Bosco. The proceeds will be used to supplement working capital, repay bank loans, project investment and construction and other matters related to the daily operation of the company.