Konka bids 455 million yuan for the company’s bankruptcy target

today In the morning news, Xinfei’s judicial auction ended today, Konka won the bid with 455 million yuan.

Henan Xinfei Electric Appliance Co., Ltd., Henan Xinfei Household Appliances Co., Ltd. and the manager of Henan Xinfei Refrigeration Appliance Co., Ltd. intend to determine Henan Xinfei Electric Appliance Co., Ltd., Henan Xinfei Household Appliance Co., Ltd. and Henan Xinfei Refrigeration Appliance Co., Ltd. The company is suitable for reorganization of investors. The administrator applied to the Intermediate People's Court of Xinxiang City, Henan Province, and borrowed the Taobao.com judicial auction network platform from 10:00 on June 28, 2018 to 10:00 on June 29, 2018. Except for public auctions.

In the end, Anhui Konka Electrical Technology Co., Ltd. won the bid of 455 million yuan and won 100% of the shares of Xinfei Company.

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