Reported 8 months ago
FTNN News reported that Chun Shen Corporation (4529), with investments in electric vehicles, medical equipment, bio-tech, and green energy industries, announced a significant news today regarding its investment in Thunder Power Holdings Limited (TPHL) with a 27.9% stake, completing a business merger with Fortune Light Inc. (NASDAQ: FLFV) on the 21st Eastern Time. The entity will be renamed as American Thunder Power Holdings, Inc. (NASDAQ: AIEV) and is expected to officially list on NASDAQ on the 24th Eastern Time. Thunder Power is under Chun Shen for electric vehicle projects. Additionally, on the 22nd, Fortune Light announced the completion of the merger with TPHL. Chun Shen emphasized tracking Fortune Light's listing progress. More news on FTNN covers various topics from political crises affecting US-Taiwan relations to investment guidelines for the year.
Source: YAHOO