Wuxu Value 15 Private Securities Investment Fund No. 15 managed by Shanghai Wuxu Asset Management Co., Ltd. completed the acquisition of a 7.3% stake in Fuxin Dare Automotive Parts Co., Ltd. from Liaoning Deer Industrial Co., Ltd.
March 05, 2024
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Wuxu Value 15 Private Securities Investment Fund No. 15 managed by Shanghai Wuxu Asset Management Co., Ltd. agreed to acquire a 7.3% stake in Fuxin Dare Automotive Parts Co., Ltd. (SZSE:300473) from Liaoning Deer Industrial Co., Ltd. for approximately CNY 160 million on December 26, 2023.
Wuxu Value 15 Private Securities Investment Fund No. 15 managed by Shanghai Wuxu Asset Management Co., Ltd. completed the acquisition of a 7.3% stake in Fuxin Dare Automotive Parts Co., Ltd. (SZSE:300473) from Liaoning Deer Industrial Co., Ltd. on March 6, 2024.
Fuxin Dare Automotive Parts Co., Ltd. is a China-based auto parts supplier. The Company's main products include sound insulation and noise reduction products, hydraulic steering pumps, electro-hydraulic steering pumps, hydraulic gear pumps, gearbox oil pumps, power steering tanks and automotive electronic products. The Company's products are used in steering, transmission, braking, automotive electronics and body assisted driving systems. The Company distributes its products in domestic market and to overseas markets.
Wuxu Value 15 Private Securities Investment Fund No. 15 managed by Shanghai Wuxu Asset Management Co., Ltd. completed the acquisition of a 7.3% stake in Fuxin Dare Automotive Parts Co., Ltd. from Liaoning Deer Industrial Co., Ltd.
FUXIN DARE AUTOMOTIVE PARTS CO., LTD. 
