Sumitomo Riko to acquire additional 20% stake in Donghai TIP Auto Parts

Sumitomo Riko Company Limited agreed to acquire an additional 20% stake in Donghai TIP Auto Parts (Shanghai) Co., Ltd. from Shanghai TIP Auto Parts Co., Ltd. for CNY 15.8 million, increasing its ownership to 80%.

“Sumitomo Riko Company Limited agreed to acquire additional 20% stake in Donghai TIP Auto Parts (Shanghai) Co., Ltd. from Shanghai TIP Auto Parts Co., Ltd. for CNY 15.8 million on August 19, 2022.”marketscreener.com

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• marketscreener.comSumitomo Riko Company Limited agreed to acquire additional 20% stake in Donghai TIP Auto Parts Co., Ltd. from Shanghai TIP Auto Parts Co., Ltd. for CNY 15.8 million.MarketScreenerAug 18, 2022

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