Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.Jinzhong Shares plans to acquire Kaichi and Mondachi assets to enter automotive exterior parts, aiming to enhance competitiveness and growth.

Jinzhong Shares announced plans to acquire 100% equity of Kaichi and all fixed assets of Mondachi with cash, aiming to enter the automotive exterior parts sector including bumpers, spoilers, and door panels. The company has signed a letter of intent with Kaichi and its sole shareholder Ningbo Dechi, and an asset purchase term sheet with Mondachi and its sole shareholder Mondachi Suzhou, covering all fixed assets held by Mondachi as of July 31, 2026. Mondachi is engaged in automotive interior and exterior parts, with its operating premises and production lines certified by vehicle manufacturers and in stable mass production. Some equipment is leased from Kaichi, which has no other operations beyond leasing assets. Jinzhong Shares stated that this transaction will enrich its product portfolio, shorten customer certification and capacity building cycles, leverage existing industrial accumulation to quickly achieve business synergies, cultivate new growth points and enhance overall competitiveness, while also improving capacity layout to expand into the Yangtze River Delta market.
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.Jinzhong Shares plans to acquire Kaichi and Mondachi assets to enter automotive exterior parts, aiming to enhance competitiveness and growth.
Kaichi is being acquired by Jinzhong Shares, providing an exit for its sole shareholder.
Mondachi (Anhui) is being acquired by Jinzhong Shares, providing an exit for its sole shareholder.
Mondachi Suzhou is selling its fixed assets to Jinzhong Shares, providing cash inflow.
Ningbo Dechi is the sole shareholder of Kaichi, benefiting from the acquisition.