赛力斯汽车6.63亿元收购金康动力48.54%股权，实现全资控股

Core Insights - On August 16, 2023, Seres Group announced that its subsidiary, Seres Automotive, acquired a 48.54% stake in its subsidiary, Jinkang Power, from the minority shareholder, Science City Urban Operation Group, for 663 million yuan [2] - Following this transaction, Seres Automotive's ownership in Jinkang Power increased from 51.46% to 100% [2] - Jinkang Power, established on January 5, 2018, has a registered capital of 1.03 billion yuan and specializes in providing solutions for electric vehicle power systems, focusing on electric motors and electronic control systems [2] Company Overview - Jinkang Power has significant technological expertise and research capabilities in the core components of electric vehicles, with leading self-developed motor and electronic control technologies [2] - The company has established 22 production lines for motor manufacturing and 6 production lines for electronic control manufacturing, with an annual production capacity of 1 million complete vehicle powertrains [2] - For the fiscal year 2024, Jinkang Power's revenue is primarily expected to come from its subsidiary, Chongqing Wanjie Automotive Sales Co., Ltd., with projected sales of 40.871 billion yuan from complete vehicles and auto parts [2] Strategic Implications - The acquisition is expected to enhance the overall operational decision-making efficiency of the company and improve synergies between subsidiaries, maximizing operational effectiveness and shareholder value [2] - This transaction will strengthen the company's research and development capabilities in the electric vehicle sector, enhancing its competitive advantages and helping achieve overall business objectives [2]