# Jinbei Automobile plans to buy 49% of Shenyang Lear seat company for 233M yuan

Jinbei Automobile announced it plans to purchase 49% equity of Shenyang Lear automobile seat Interior System Co., Ltd. for 233 million yuan.

- Type: Acquisition
- Announced: 2021-07-09
- Where: Shenyang, China
- Value: $36.0M (233.0M CNY)
- Status: announced
- Products: automobile seat interior systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jinbei Automobile](https://endata.com/companies/54407.md)
- [Jinbei Automobile](https://endata.com/companies/54407.md) (acquirer)
- [Shenyang Lear automobile seat Interior System Co., Ltd.](https://endata.com/companies/56365.md) (target)
- [Shenyang jinbei'an daotuo Auto Parts Co., Ltd.](https://endata.com/companies/56366.md) (target)

## Sources

- [equalocean.com](https://equalocean.com/briefing/20210709230059011), 2021-07-09: "Jinbei Automobile announced that it plans to purchase 49% equity of Shenyang Lear automobile seat Interior System Co., Ltd. with 233 million 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.