Ningbo Tuopu Group to Acquire Wuhu Changpeng Auto Parts for Up to 330 Million Yuan

MT Newswires Live01-07

Ningbo Tuopu Group (SHA:601689) is planning to fully acquire Wuhu Changpeng Auto Parts for up to 330 million yuan in cash.

The equity will be purchased from Anhui Yuesu Auto Industry, Wuhu Chery Technology and Anhui Yuanyang Investment Management Partnership, according to a Monday filing with the Shanghai bourse.

The acquisition is expected to boost the auto parts manufacturer's market share and strengthen its position in the automotive components industry.

Shares of Ningbo Tuopu Group rose 2% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2501821248?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-01-07 11:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501821248","market":"nz","top_or_hot":-1,"title":"Ningbo Tuopu Group to Acquire Wuhu Changpeng Auto Parts for Up to 330 Million Yuan","media":"MT Newswires Live","content":"<html><body><p> Ningbo Tuopu Group (SHA:601689) is planning to fully acquire Wuhu Changpeng Auto Parts for up to 330 million yuan in cash.</p><p>The equity will be purchased from Anhui Yuesu Auto Industry, Wuhu Chery Technology and Anhui Yuanyang Investment Management Partnership, according to a Monday filing with the Shanghai bourse.</p><p>The acquisition is expected to boost the auto parts manufacturer's market share and strengthen its position in the automotive components industry.</p><p>Shares of Ningbo Tuopu Group rose 2% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ningbo Tuopu Group to Acquire Wuhu Changpeng Auto Parts for Up to 330 Million Yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNingbo Tuopu Group to Acquire Wuhu Changpeng Auto Parts for Up to 330 Million Yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-07 11:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Ningbo Tuopu Group (SHA:601689) is planning to fully acquire Wuhu Changpeng Auto Parts for up to 330 million yuan in cash.</p><p>The equity will be purchased from Anhui Yuesu Auto Industry, Wuhu Chery Technology and Anhui Yuanyang Investment Management Partnership, according to a Monday filing with the Shanghai bourse.</p><p>The acquisition is expected to boost the auto parts manufacturer's market share and strengthen its position in the automotive components industry.</p><p>Shares of Ningbo Tuopu Group rose 2% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1328615791.USD","symbol_name":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2501821248","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501821248","pubTimestamp":1736221376,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Ningbo Tuopu Group  is planning to fully acquire Wuhu Changpeng Auto Parts for up to 330 million yuan in cash.The equity will be purchased from Anhui Yuesu Auto Industry, Wuhu Chery Technology and Anhui Yuanyang Investment Management Partnership, according to a Monday filing with the Shanghai bourse.The acquisition is expected to boost the auto parts manufacturer's market share and strengthen its position in the automotive components industry.Shares of Ningbo Tuopu Group rose 2% in recent trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601689":"拓普集团","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","BK0065":"智能汽车","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","BK0264":"汽车制造","BK0076":"特斯拉","BK0185":"二线龙头","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC"},"translate_title":"宁波拓普集团最高3.3亿元收购芜湖长鹏汽车零部件","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601689":0.9},"content_text":"Ningbo Tuopu Group (SHA:601689) is planning to fully acquire Wuhu Changpeng Auto Parts for up to 330 million yuan in cash.The equity will be purchased from Anhui Yuesu Auto Industry, Wuhu Chery Technology and Anhui Yuanyang Investment Management Partnership, according to a Monday filing with the Shanghai bourse.The acquisition is expected to boost the auto parts manufacturer's market share and strengthen its position in the automotive components industry.Shares of Ningbo Tuopu Group rose 2% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501821248"}