Zonsen Power Plans Asset Swap With Loncin General

Published: Mar 6, 2026 14:47

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[SMM Flash] According to reports, recently, Zonsen Power issued an announcement stating that the company plans to swap the assets and liabilities related to its motorcycle engine business (centered on its equity interest in Chongqing Zonsen Engine Manufacturing Co., Ltd.) with the assets and liabilities related to the general machinery business held by Loncin General (centered on its equity interest in Chongqing Xinloncin Electromechanical Co., Ltd.). Any difference in the transaction valuation of the swapped assets will be settled in cash by one party to the other. This transaction aims to resolve the horizontal competition issue between Zonsen Power and Loncin General and to promote clearer business delineation and specialized development for both parties. The transaction is expected to

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