LINGYUN CORPORATION(SH:600480) Xin Lang Cai Jing·2025-10-03 01:55Core Viewpoint - Kiekert, a global leader in automotive locking systems, has filed for temporary bankruptcy, which has shocked its Chinese shareholder, Lingyun Group, who intends to provide funding to rescue the company [1][2]. Group 1: Company Situation - Kiekert has submitted bankruptcy applications for two core domestic companies in Germany, which employ a total of 700 workers [2]. - The company has a global workforce of 4,500 employees and holds a 21% market share, with one in three vehicles worldwide equipped with Kiekert locking systems [2]. Group 2: Shareholder Response - Lingyun Group aims to retain control over Kiekert AG and Kiekert Holding GmbH, expressing intentions to eliminate the causes of bankruptcy and meet creditor demands [1]. - Lingyun emphasizes the importance of Kiekert as a traditional German enterprise and is negotiating with courts and creditors to ensure liquidity and stabilize the company's long-term future [1].