Guizhou Guihang Automotive Components Co.,Ltd completed the acquisition of an additional 5.9% stake in Tianjin Daqi Air Conditioning Co., Ltd. from Wang Diansuo.
June 02, 2022
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Guizhou Guihang Automotive Components Co.,Ltd (SHSE:600523) agreed to acquire an additional 5.9% stake in Tianjin Daqi Air Conditioning Co., Ltd. from Wang Diansuo on November 30, 2020. Post- closing, the stake of Guizhou Guihang Automotive Components Co.,Ltd in Tianjin Daqi Air Conditioning Co., Ltd. will increase from 73.509% to 79.474%. The transaction has been approved in the 11th Meeting of the 6th Directorate of Guizhou Guihang Automotive Components Co.,Ltd.
Guizhou Guihang Automotive Components Co.,Ltd (SHSE:600523) completed the acquisition of an additional 5.9% stake in Tianjin Daqi Air Conditioning Co., Ltd. from Wang Diansuo on June 2, 2022. Recently, the transaction got approval of Tianjin Wuqing District Market Supervision and Administration Bureau.
GUIZHOU GUIHANG AUTOMOTIVE COMPONENTS CO., LTD is a China-based company, principally engaged in the development, manufacture and sales of automobile components. The Company's products mainly include electric wiper, automobile components, electrical switches, car locks, doorknob and heat exchangers, among others. The Company mainly provides its products to automobile manufacture enterprises in domestic market.
Guizhou Guihang Automotive Components Co.,Ltd completed the acquisition of an additional 5.9% stake in Tianjin Daqi Air Conditioning Co., Ltd. from Wang Diansuo.