Jinbei Auto to acquire remaining 50% stake in Jinbei Adient for $58M

Jinbei Auto, through its subsidiary Jinchen Auto, plans to acquire the remaining 50% equity of Jinbei Adient from Adient Asia for $58 million, making Jinbei Adient a wholly-owned subsidiary. Jinbei Adient designs and produces automotive seats for models including BMW Brilliance vehicles.

“本次交易完成后，金杯安道拓将成为上市公司100%持有的全资子公司。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com金杯汽车(600609.SH)拟5800万美元收购金杯安道拓余下50%股权Mar 8, 2021

Summarized from public sources; check the original articles before acting on it.