Non-controlling Interests |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Non-controlling Interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Non-controlling Interests | Note 18 – Non-controlling Interests
A reconciliation of non-controlling interest as of December 31, 2024 and 2023 is as follows:
As of December 31, 2024 and 2023, the non-controlling interests balance represents the noncontrolling shareholder’s 30% equity interests in Shangchi Automobile (formerly known as Suzhou E-Motors) and its subsidiary Shenzhen Yimao. |