Tianjin Automotive Mould has announced its intention to acquire a 50% equity stake in Dongshi, currently held by shareholder Desheng Shiliuhao, through a cash transaction. Currently, Tianjin Automotive Mould holds 25% of Dongshi's equity. Upon completion of this transaction, Dongshi will become a subsidiary of Tianjin Automotive Mould. This development signifies a significant asset restructuring, however, it is important to note that no formal agreement has been signed yet, leaving the outcome uncertain.
