iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ) has issued an announcement.
iMotion Automotive Technology (Suzhou) Co., Ltd. has announced a binding offer to acquire a Germany-based company specializing in safety-relevant electronic systems and power electronics. This potential acquisition aims to expand iMotion’s business offerings and enhance its market position in the automotive, aviation, and renewable energy sectors. The acquisition is still subject to negotiation, and its completion is uncertain.
More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H
iMotion Automotive Technology (Suzhou) Co., Ltd. is a company based in China that operates in the automotive technology industry. It focuses on developing and supplying safety-relevant electronic systems and power electronics for automotive, aviation, and renewable energy sectors, serving global premium OEM and Tier 1 customers.
YTD Price Performance: 41.29%
Average Trading Volume: 5,932,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$5.61B
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