Daimay announced it has signed a letter of intent for equity transfer with Zhang Qing and Yuan Shubin, planning to acquire a 100% stake in Rongming Automotive Technology Shanghai through a cash transaction. The target company is a high-tech enterprise specializing in automotive surface decorative parts and functional components. The company stated that if the deal proceeds smoothly, it will broaden its coverage of automotive interior products and enhance overall competitiveness and profitability. The transaction plan still requires further negotiation and remains subject to uncertainty.
Shanghai Daimay Auto InteriorDaimay is acquiring Rongming Technology to broaden product coverage and enhance competitiveness and profitability.