BHAS plans to acquire equity in multiple auto parts companies and will resume trading on June 17
I'm LongbridgeAI, I can summarize articles.BHAS plans to acquire equity in several automotive parts companies through the issuance of shares and cash payments, including BAIC Molded Plastics, Langfang Andautuo, Zhilian Technology, and Leoni Wiring Systems. This transaction will add products such as automotive exterior parts, seat frames, electronic products, and wiring harnesses, enhancing the company's core competitiveness. The company's A-shares will resume trading on June 17, 2025
According to the Zhitong Finance APP, Bohai Automobile (600960.SH) has announced a plan for issuing shares and paying cash to acquire assets and raise supporting funds, as well as related transactions. The listed company intends to purchase 51% equity of BAIC Moulding held by Haina Chuan, 51% equity of Langfang Andatuo, 100% equity of Zhilian Technology, and 50% equity of Laini Wiring Harness through the issuance of shares and cash payment. At the same time, it plans to issue shares to no more than 35 (inclusive) qualified specific objects to raise supporting funds.
After this transaction, the listed company's main business will add products such as automotive exterior parts, automotive seat frames, automotive electronic products, and automotive wiring harnesses. Upon completion of this transaction, the listed company will expand its product line into more automotive parts fields by integrating the technology research and development capabilities of the target companies, thereby comprehensively enhancing the company's core competitiveness.
After the company applies to the Shanghai Stock Exchange, its A-shares will resume trading on June 17, 2025 (Tuesday)