Jiangsu Olive Sensors High-Tech Co., Ltd. (SZSE:300507) agreed to acquire a 37.5% stake in Bonaire Automotive Electrical Systems Co., Ltd. from Hanon Systems (KOSE:A018880) for approximately CNY 160 million on February 16, 2023. Currently, Anhui Hongyi Automobile Technology Co., Ltd. holds 38.50% stake, Hanon Systems holds 37.50% stake and Xuqing Co., Ltd. holds 24% stake in Bonaire Automotive Electrical Systems. Following disposal of Hanon Systems' stake in Bonaire Automotive Electrical Systems, Jiangsu Olive will own 37.50% stake in it. Transaction is approved by Jiangsu Olive's board of directors,
Jiangsu Olive Sensors High-Tech Co., Ltd.
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300507
CNE1000026W9
Auto, Truck & Motorcycle Parts
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Other stock markets
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5-day change | 1st Jan Change | ||
5.22 CNY | -2.79% | -4.04% | -22.78% |
Stocks mentioned in the article
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Capi.
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5,670 KRW | -0.70% | -12.63% | 2.22B | ||
5.22 CNY | -2.79% | -4.04% | 588M | ||
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-22.78% | 588M | |
+20.08% | 48.55B | |
-7.75% | 22.52B | |
+27.15% | 20.68B | |
+38.33% | 17.83B | |
-4.22% | 14.92B | |
-18.18% | 13.48B | |
-19.32% | 13.11B | |
+38.73% | 10.73B | |
+22.60% | 10.36B |
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- Jiangsu Olive Sensors High-Tech Co., Ltd. agreed to acquire a 37.5% stake in Bonaire Automotive Electrical Systems Co., Ltd. from Hanon Systems for approximately CNY 160 million.