Luxshare Precision Poised to Become BeijingWest Industries International’s New Ultimate Controlling Shareholder
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Luxshare Precision is set to become the ultimate controlling shareholder of BeijingWest Industries International Limited by acquiring the entire equity interest in BWI Group, which holds approximately 59.50% of the company's shares. The board anticipates minimal impact on daily operations, and trading of the company's shares will resume on May 11, 2026, after a halt. However, the acquisition remains uncertain and may not be finalized. BeijingWest operates within the automotive supply chain and is listed on the Hong Kong Stock Exchange with a market cap of HK$5.79B.
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