<p>NJEC (00699.HK) announced that it will acquire a 12.4236% stake in Anhui NJEC from an industrial fund for a price of 2.516 billion RMB, which will be paid using its own funds and bank loans. Upon completion, the company will hold 69.54% of the registered capital of Anhui NJEC, whose main business is the manufacturing of automotive components</p>

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<p>NJEC announced that it will acquire a 12.4236% stake in Anhui NJEC from an industrial fund for a price of 2.516 billion RMB, which will be paid using its own funds and bank loans. Upon completion, the company will hold 69.54% of the registered capital of Anhui NJEC, which is primarily engaged in the manufacturing of automotive components</p>

AASTOCKS

Ping An CSI Auto Components Thematic ETF

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HFT CSI Auto Components Thematic ETF

JOYSON ELECTRONICS

Guotai CSI 800 Automobile and Parts ETF

E Fund CSI Auto Components Thematic ETF

NJEC increased its stake in automotive parts manufacturing subsidiary by over 2.5 billion RMB