Core Viewpoint - Dongshan Precision has successfully acquired 100% equity of French GMD Group for approximately €100 million (around ¥814 million) and completed debt restructuring, with GMD Group to be included in the company's consolidated financial statements starting November 1, 2025 [1][3]. Group 1: Acquisition Details - The acquisition involves Dongshan Precision's wholly-owned subsidiary DSBJ PTE.LTD, which has finalized all preconditions and signed relevant transaction documents [1]. - The total transaction amount for the acquisition and debt restructuring is approximately €100 million (around ¥814 million) [3][4]. - GMD Group, established in 1986, is a leading French automotive parts contractor with annual revenue of €1 billion and operations in 12 countries [3]. Group 2: Debt Restructuring - Prior to the acquisition, GMD Group had a total debt of €363 million, primarily consisting of syndicated loans, PGE loans, and bonds [4]. - Dongshan Precision plans to acquire all principal and accrued interest under Syndicated Credit and EuroPP Bonds at a cash discount, while also providing shareholder loans to clear GMD Group's debts [4]. - The debt restructuring will allow for full waiver of remaining unpaid loan principal and interest by relevant creditors [4]. Group 3: Strategic Implications - This transaction is part of Dongshan Precision's dual-driven strategy to enhance its market share in the automotive parts sector and establish a presence in Europe [4]. - The acquisition is expected to positively impact the company's financial condition and operational quality by leveraging GMD Group's business and influence in the global automotive industry [4].