Faway Automobile Board Approves Four Investment Proposals

Corporate Action
โดย 均为自有资金·CN·Read original
Summary · why it matters

The board of directors of Faway Automobile Parts and Components Company reviewed and approved four investment proposals, involving NIO aluminum profile control arms, fully active suspension, an electric drive assembly trial production line, and the establishment of a Jilin subsidiary. Among them, to ensure production capacity for the NIO Pisces aluminum profile control arm project, an additional 2026 investment budget of 6.3016 million yuan was approved; to develop the motor mechanical fully active suspension business, an additional investment budget of 4.36 million yuan was approved for research and development equipment procurement; to build an electric drive assembly research and development trial production line, an additional investment of 8.48 million yuan was approved to ensure sample delivery for the Jetta six-in-one electric drive assembly project; and the wholly owned subsidiary Fastener Germany Company plans to establish a wholly owned subsidiary in Jilin City with registered capital of 1 million yuan, to seize opportunities in the localization project for Mercedes-Benz China non-standard fasteners. The company stated that all the above investment funds come from its own capital, fall within the board's approval authority, do not need to be submitted to the shareholders' meeting for review, and do not constitute a related-party transaction or major asset restructuring. It also cautioned that project implementation may face risks such as changes in market demand and technological iteration.

Impact on stocks 3

Electrification & Mobility▲ · 2 stocks
NIO Inc
9866
▲ PositiveDemandrelevance

Fawway approved extra 2026 budget to ensure production capacity for the NIO Pisces aluminum profile control arm project, signaling demand for NIO parts.

Mercedes-Benz Group AG
MBG
▲ PositiveDemandrelevance

Fawway's German fastener unit will set up a Jilin subsidiary to seize Mercedes-Benz China non-standard fastener localization opportunities.

Others▲ · 1 stocks
FAWER Automotive Parts Ltd Co
000030
▲ PositiveCapitalrelevance

Fawway's board approved four investment proposals totaling additional capex for NIO control arms, active suspension R&D, e-drive trial line, and a Jilin subsidiary.

Theme Impact 2

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