Changrun Corporation (603201.SH) plans to acquire 73.48% equity of Hubei Dafeng and 71.5% equity of Wuhu Dafeng.

Zhitong Finance APP news, Changrun shares (603201.SH) announced that on June 23, 2026, the company signed a "Equity Acquisition Framework Agreement" with Hubei Zhengao Automobile Accessories Group Co., Ltd. (referred to as "Hubei Zhengao") and Jukang International Limited (referred to as "Jukang International") regarding Hubei Dafeng Automotive Intelligent Control System Co., Ltd. (referred to as "Hubei Dafeng") and Dafeng Automotive Intelligent Control System (Wuhu) Co., Ltd. (referred to as "Wuhu Dafeng", Hubei Dafeng and Wuhu Dafeng are collectively referred to as the "target companies"). According to the agreement of the "Framework Agreement", the company intends to acquire a total of 73.48% of the equity held by Hubei Zhengao and Jukang International in Hubei Dafeng through cash payment, and acquire a total of 71.50% of the equity held by Hubei Zhengao and Jukang International in Wuhu Dafeng. After the completion of this transaction, the company will become the controlling shareholder of the target companies, and the target companies will become the company's subsidiary and will be included in the company's consolidated financial statements.