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Bethel Automotive Safety Systems: Strategic Move to Secure Controlling Interest in Yubei Steering
9 hour ago /
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Author：小编
Bethel Automotive Safety Systems (stock code: 603596.SH) has unveiled its strategic intentions to enter into a 'Share Transfer Agreement' with key stakeholders, namely Junhong Industrial, Ningbo Fengyuan, Hefei Huaxin, and Hefei Industrial Investment. This agreement is aimed at acquiring a substantial 50.9727% equity stake in Yubei Steering, a move that will position Bethel as the majority shareholder with controlling influence. Yubei Steering is renowned for its expertise in the research, development, manufacturing, and distribution of automotive steering systems and their essential components.
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