According to Zhitong Finance App News, Fuwei Co., Ltd. (600742.SH) announced that the holding subsidiary of the company, Changchun Fuwei Daotuo Auto Accessories Systems Co., Ltd. (“Fuwei Daotuo”) plans to purchase 50% of the shares of the company and Changchun Fuwei Auto Metal Parts Co., Ltd. (“Fuwei Daotuo Metal Parts” for short) held by Adalto Asia, with a total transaction amount of 318 million yuan. After the transaction was completed, Fuvian Daotuo Metal Parts became a wholly-owned subsidiary of Fuvian Daotuo, and Fuvian Daotuo Metal Parts became the controlling subsidiary company within the scope of the company's consolidated statements.

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