Suzhou Wanlong Auto Parts Co., Ltd. agreed to acquire remaining 49% stake in Changchun Wanlong Daikyo Nishikawa Auto Parts Co.,Ltd. from DaikyoNishikawa Corporation (TSE:4246) for CNY 73 million on November 16, 2023. Prior to the transaction, Suzhou Wanlong Auto Parts Co., Ltd. held 51%. The transaction is expected to complete during the end of December 2023.
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- Suzhou Wanlong Auto Parts Co., Ltd. agreed to acquire remaining 49% stake in Changchun Wanlong Daikyo Nishikawa Auto Parts Co.,Ltd. from DaikyoNishikawa Corporation for CNY 73 million.