According to Zhitong Finance App, Jinzhong Co., Ltd. (301133.SZ) issued an announcement. On July 23, 2026, the company signed a “Letter of Intent to Acquire” with Hefei Kaichi Auto Parts Co., Ltd. (hereinafter referred to as the “underlying asset” or “SKY”) and Ningbo Dechi Automobile Technology Co., Ltd. (hereinafter referred to as the “seller” or “DEUTSCH”), its sole shareholder. The company plans to acquire 100% of the shares held by DEC in cash. If the transaction is successfully implemented, KAITI will become a wholly-owned subsidiary of the company and included in the scope of the company's consolidated financial statements. On the same day, the company signed a “Asset Acquisition Clause List” with Mengdachi Automobile Systems (Suzhou Industrial Park) Co., Ltd. (hereinafter referred to as “Suzhou Mengdachi”), and its sole shareholder, to acquire all fixed assets held by Mengda as of July 31, 2026.
Mengda Chi specializes in automotive interior and exterior parts. Its core products are automobile exterior parts such as car bumpers, spoilers, and door guards. Some of the fixed assets involved in its production and operation are its own machinery and equipment, and some are houses and machinery leased from Kaichi. Apart from owning the relevant fixed assets mentioned above and leasing them to Mondac, Kaiz has not carried out any other business activities so far. Since Mundalch's business site and production line have been certified by its existing automaker customers and are in a stable state of mass production and delivery, the company plans to enter into the field of exterior parts such as automobile bumpers, spoilers, door guards, etc. by purchasing the above target assets, further improving the company's product layout and enhancing the company's overall competitiveness in the field of automotive interior and exterior.