FAWER(SZ:000030) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-30 07:06Core Viewpoint - Fawer Co., Ltd. plans to acquire a 49% stake in FAW Valeo for a total of 2 yuan, transforming the loss-making joint venture into a wholly-owned subsidiary named Fawer Huaki Automotive Thermal Management Systems Co., Ltd. This transaction raises questions about whether it is a bargain or a burden [1][2]. Group 1: Acquisition Details - The acquisition involves purchasing a 36.5% stake from Valeo Cooling Systems and a 12.5% stake from Itochu Corporation, both at a price of 1 yuan each [1]. - Following the acquisition, FAW Valeo will become a wholly-owned subsidiary, focusing on the air conditioning system assembly products and enhancing operational efficiency [1]. Group 2: Financial Performance - FAW Valeo reported a net loss of 18.847 million yuan in 2024 and a net loss of 17.4493 million yuan in the first half of 2025, indicating a continuation of significant financial struggles [2]. - Fawer Co., Ltd. reported a total revenue of 7.857 billion yuan in the first half of 2025, a year-on-year increase of 3.37%, but the net profit attributable to shareholders decreased by 4.07% to 304 million yuan [1]. Group 3: Market Reaction - Following the announcement of the acquisition, Fawer Co., Ltd.'s stock price increased by 0.89%, reaching 5.65 yuan per share as of September 30 [2].