Shandong Binzhou Bohai Piston Co Ltd600960
▲ PositiveCapitalrelevance
CSRC approval for asset purchase and fundraising plan is a regulatory milestone enabling the transaction.

Bohai Automotive announced that its plan to acquire 51% equity in Beijing Beiqi Mould Technology, 51% equity in Hainachuan Adient Langfang Seating, and 50% equity in Langfang Leoni Wiring Systems from Beijing Hainachuan Automotive Parts, through a combination of share issuance and cash payment, along with a concurrent fundraising, has received registration approval from the China Securities Regulatory Commission.
Shandong Binzhou Bohai Piston Co LtdCSRC approval for asset purchase and fundraising plan is a regulatory milestone enabling the transaction.