Core Viewpoint - The company plans to optimize its resource allocation by transferring its 33.409% stake in China Oceanwide Fund Management Co., Ltd. through a public listing and joint transfer with France's Rothschild Bank [1] Group 1: Transfer Details - The joint transfer will involve a total of 58.409% of the shares, requiring the buyer to acquire both the company's and Rothschild Bank's stakes in China Oceanwide Fund [1] - The initial listing price for the company's 33.409% stake will not be lower than the assessment results approved by state-owned assets [1] Group 2: Shareholding Structure - China Oceanwide Fund is a public fund management company in which the shareholding structure is as follows: China Oceanwide Trust Co., Ltd. holds 41.591%, the company holds 33.409%, and Rothschild Bank holds 25.000% [1] - After the transfer is completed, the company will no longer hold any shares in China Oceanwide Fund [1]

Core Insights - Stellantis is likely to withdraw completely from Comau, with its remaining stake expected to transfer to One Equity Partners, a US private equity firm [1][2] - One Equity Partners acquired a majority interest in Comau at a valuation of approximately €300 million ($345.7 million), including debt [1] - Stellantis received about €150 million from the transaction, reinvesting roughly half to maintain a 49.9% stake in Comau [2] Stake and Options - One Equity Partners has an option to purchase the remaining 49.9% of Comau within three years, while Stellantis will have the right to sell its minority interest starting in 2027 [2][3] - The options included in the agreement suggest a potential full transfer of ownership to One Equity Partners [3] Strategic Direction - Stellantis CEO Antonio Filosa emphasized the importance of maintaining an industrial partnership with Comau, regardless of the shareholding structure [3] - Comau is a significant supplier for Stellantis, contributing to projects like the new hybrid Fiat 500 [4] - One Equity Partners aims to expand Comau's activities and client portfolio beyond Stellantis and the automotive sector [4] Acquisitions and Growth - Comau is in the process of acquiring Invent Brasil, which specializes in industrial machinery and equipment [5] - In July, Comau announced the acquisition of Automha, a provider of automated solutions for warehouse and intralogistics operations [4]