Transaction Overview - The company plans to acquire a 10% stake in Shenzhen Yingwang Intelligent Technology Co., Ltd. from Huawei Technologies Co., Ltd. for a total transaction amount of RMB 11.5 billion [3][5] - The payment for the transaction will be made in three installments: RMB 2.3 billion, RMB 5.75 billion, and RMB 3.45 billion [5] Progress of the Transaction - On July 29, 2024, the company announced plans for external investment and aimed to support Yingwang in becoming a leader in automotive intelligent driving systems [4] - The board approved the major asset restructuring plan on August 23, 2024, and a conditional equity transfer agreement was signed on the same day [4] - The third installment payment conditions were met by September 30, and the company has completed all payments for the transaction [5] Market Reaction - Following positive news, the company's stock experienced a strong market reaction, with a notable increase in share price and a market capitalization of RMB 260 billion as of September 29 [6]
赛力斯:已向华为支付115亿元