Shenyang Jinbei Automotive Co LtdAcquisition of Yanfeng Trim Shenyang for 112 million yuan via listing transfer; impact depends on deal completion and integration.

Jinbei Automotive's controlling subsidiary, Shenyang Jinbei Yanfeng Automotive Interiors Systems, plans to acquire 100% equity in Yanfeng Automotive Trim Systems Shenyang, which Yanfeng International Automotive Technology has listed for transfer on the Shanghai United Assets and Equity Exchange, through a public listing process. The transaction floor price is 112 million yuan. If the acquisition is successful, the target company will become a wholly-owned subsidiary of Jinbei Yanfeng and be consolidated into Jinbei Automotive's financial statements. In the first quarter of 2026, Jinbei Automotive achieved revenue of 1.192 billion yuan and net profit attributable to the parent of 51.84 million yuan.
Shenyang Jinbei Automotive Co LtdAcquisition of Yanfeng Trim Shenyang for 112 million yuan via listing transfer; impact depends on deal completion and integration.
Target company to be acquired; likely benefits from becoming wholly-owned subsidiary of Jinbei Yanfeng.
Plans to acquire 100% equity in Yanfeng Trim Shenyang, expanding its subsidiary portfolio.
Selling its subsidiary Yanfeng Trim Shenyang; divestiture may reduce its asset base.