Joyson Electronics (600699.SH) plans to continue to increase its shareholding in Xiangshan (002870.SZ) and gain control

Zhitongcaijing · 10/18 11:17

Zhitong Finance App News, Joyson Electronics (600699.SH) issued an announcement. Based on recognition of the long-term investment value of Xiangshan shares (002870.SZ) and confidence in future development prospects, the company has increased its holdings of Xiangshan shares through methods permitted by the Shenzhen Stock Exchange system. As of the disclosure date of the announcement, the company held 264.152 million shares of Xiangshan shares, accounting for 20.0001% of its total share capital, making it the largest shareholder of Xiangshan Co., Ltd.

In order to further strengthen the strategic synergy between the company and Xiangshan Co., Ltd. in the auto parts business, consolidate the company's overall strategic layout in the fields of the new energy vehicle industry chain, smart cockpit, etc., and enable Xiangshan Co., Ltd. to achieve high-quality development in terms of customer resources, management experience, R&D innovation, asset structure, etc., the company will continue to increase its holdings in Xiangshan shares in accordance with market conditions, and plans to eventually obtain control of Xiangshan shares.