2020年CRI Stake sale to benefit Gree Electric

 

The Zhuhai government-backed Zhuhai Gree Group, the parent company of Gree Electric, is considering selling most of its 18 percent stake in the subsidiary in a deal that could be worth up to 41 billion yuan.

It is involved in a variety of businesses covering manufacturing, financial investment, construction investment, construction and installation and island tourism.

In a statement filed to the Shenzhen Stock Exchange, Gree said its parent will sell a 15 percent stake at a price no less than the company's average stock price of the last 30 trading days.

However, it did not identify the acquirer of the stake in the statement.

For more on this, CRI's Shane Bigham spoke¹ to financial analyst² Cao Can.

1 spoke   

n.（车轮的）辐条；轮辐；破坏某人的计划；阻挠某人的行动 v.讲，谈（speak的过去式）；说；演说；从某种观点来说

参考例句：

• They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
• The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。

2 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。