ANHUI ZHONGDING(SZ:000887)2022-12-05 05:48Group 1: Acquisition Overview - The company is acquiring Tristone, which has 9 factories and 4 sales technical centers in Europe, with its headquarters in Frankfurt, Germany [1] - Tristone's 2015 sales amounted to €229 million, capturing 13% of its market segment, ranking second globally [3] - The acquisition of AMK and Tristone aligns with the company's strategic goal to enter the automotive electronics and new energy vehicle sectors [4] Group 2: Market Position and Growth - Tristone's products related to new energy vehicles accounted for approximately one-third of its total sales in 2016, with battery cooling products making up about 17% of that segment [4] - The company expects the sales proportion of new energy vehicle battery cooling products to reach 20% in 2017 [4] - Tristone has maintained an annual growth rate of around 30% in its new energy vehicle product line [4] Group 3: Management Structure - The company has adopted a divisional management model to stimulate employee motivation, especially during its early development phase characterized by diverse and small-batch production [4] - As product specialization increases, the company plans to spin off successful divisions into independent business units [5]