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Ruili Kemi (001285.SZ) has revealed its plan to acquire a 16% equity interest in Wuhan Ruili Kedesi Automotive Electronics Co., Ltd., which is currently held by Cheng Yi. This acquisition will be executed through the issuance of new shares by Ruili Kemi. Notably, this transaction qualifies as a related-party transaction.
Once the transaction is finalized, Wuhan Kedesi will transform into a wholly-owned subsidiary of Ruili Kemi. In compliance with pertinent regulations, it is anticipated that this transaction will not be classified as a significant asset restructuring or a restructuring listing.
Trading of Ruili Kemi's shares will be temporarily suspended starting from February 9, 2026. The company expects to unveil the detailed transaction plan within a maximum of 10 trading days thereafter.
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