Huizhou Zhongkai Xinye Development Co. Ltd. agreed to acquire Bridgestone (Huizhou) Tire Co.,Ltd. from Bridgestone Corporation (TSE:5108) for CNY 285.4 million on June 22, 2023. Ernst & Young (China) Advisory Limited acted as financial advisor and due diligence provider to Bridgestone (Huizhou) Tire Co.,Ltd.