This transaction
Establishment of the Suzhou, China Technical Center (Overseas Subsidiary)The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Development of door system products in China
| Item | Details |
|---|---|
| Transaction name | Establishment of the Suzhou, China Technical Center (Overseas Subsidiary) |
| Counterparty name | 重慶海徳世拉索系統（集団）有限公司 |
| Name of the Subject Company | 蘇州海徳世研究開発有限公司 (tentative name) |
| Business Description of the Subject Company | Development of door system products in China |
| Location of the Subject Company | Suzhou, Jiangsu Province, People's Republic of China |
| Capital Stock of the Subject Company | 20,000,000 yuan (equivalent to ¥460 million) |
| Date of Establishment of the Subject Company | September 2026 (予定) |
| Voting rights ownership percentage | After 30％ (before not disclosed) |
| Date of board resolution | 7 August 2026 |
| Execution Date / Effective Date | September 2026 (予定) |
| Management structure after acquisition | The representative will be Chairman Zhang Ping (張屏). One executive in charge of PCS development is expected to be appointed as a director. Changes to the corporate name and employee treatment: not disclosed |
Items this document does not state (21)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As the pace of next-generation vehicle development, particularly EVs and smart cars, is accelerating in the Chinese market, the Company will strengthen its development capabilities so that it can develop products rapidly from locations close to customers. The aim is to strengthen joint development and collaboration with automobile manufacturers in the East China region and promote the development of PCS-related products for the Chinese market.