# Bethel Automotive Safety Systems to acquire controlling stake in Yubei Steering

Bethel Automotive Safety Systems announced plans to acquire a 50.9727% stake in Yubei Steering System (Xinxiang) Co., Ltd. for up to 1.1214 billion yuan, gaining controlling interest.

- Type: Acquisition
- Announced: 2026-02-26
- Where: China
- Value: $154.0M (1.12B CNY)
- Status: announced
- Products: automotive steering systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bethel Automotive Safety Systems](https://endata.com/companies/37393.md) (acquirer)
- [Yubei Steering System (Xinxiang) Co., Ltd.](https://endata.com/companies/90559.md) (target)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/behind-bethels-plan-to-acquire-controlling-stake-in-yubei-steering-2027294139891064833), 2026-02-27: "Bethel Automotive Safety Systems announced plans to acquire a 50.9727% stake in Yubei Steering System (Xinxiang) Co., Ltd. for no more than 1.1214 billion yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.