Huayu Automotive subsidiary plans to acquire 10.9569% stake in Lianchuang Electronics for 320 million yuan

财中社··CN·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Shanghai Huizhong Automotive Manufacturing, a wholly owned subsidiary of Huayu Automotive Systems, plans to acquire a 10.9569% stake in Lianchuang Automotive Electronics held by the National Green Development Fund through public bidding, with a listed transfer base price of 320 million yuan. After the transaction, Shanghai Huizhong's stake in Lianchuang Electronics will rise to 16.25%. Since Lianchuang Electronics is indirectly controlled by a wholly owned subsidiary of SAIC Motor, the controlling shareholder of Huayu Automotive, this continued acquisition involves joint investment with a related party and constitutes a related-party transaction. In the first half of 2026, Huayu Automotive posted revenue of 83.939 billion yuan and net profit attributable to the parent of 2.647 billion yuan.

Impact on assets 3

Others▲
HUAYU Automotive Systems Co Ltd
600741
▲ PositiveCapitalrelevance

Huayu's wholly owned subsidiary Shanghai Huizhong plans to acquire an additional 10.9569% stake in Lianchuang Electronics for 320 million yuan, raising its holding to 16.25%.

SAIC Motor Corp Ltd
600104
± MixedCapitalrelevance

SAIC's subsidiary indirectly controls Lianchuang Electronics, making Huayu's stake purchase a related-party transaction; SAIC itself is only context.

Off-coverage companies 1

国家绿色发展基金股份有限公司i
Private± MixedCapitalrelevance

The National Green Development Fund is the seller of the 10.9569% Lianchuang Electronics stake via public bidding.