Core Viewpoint - The company, Derun Electronics, plans to transfer its 18% stake in Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd. to Tianjin Tongli and Ying 16th Equity Investment Fund for 135 million yuan, following a strategic decision to focus on its core business and optimize resource allocation [2][3]. Company Summary - Derun Electronics will no longer hold any equity in Liuzhou Shuangfei after the transaction, which is part of a broader strategy to enhance its core competitiveness in high-speed connector products [2][3]. - The company previously acquired a 60% stake in Liuzhou Shuangfei in 2016, but the operational performance did not meet expectations, leading to a strategic reevaluation and the decision to divest its remaining shares [2][3]. - The automotive wiring harness industry has become increasingly competitive, with Liuzhou Shuangfei facing significant operational challenges, including abnormal order fluctuations from key domestic clients and pressure to reduce costs [3]. Industry Summary - The automotive wiring harness sector is experiencing intense competition, with Liuzhou Shuangfei's overseas market expansion hindered and substantial losses reported in the first half of the year compared to the previous year [3]. - The company anticipates that the operational performance of Liuzhou Shuangfei will remain under pressure for the remainder of the year, with no substantial improvement expected [3]. - The strategic divestment aligns with the company's focus on its main business and aims to facilitate sustainable and healthy development through optimized resource allocation [3].
得润电子拟转让参股公司柳州双飞18%股权,进一步聚焦连接器主业发展