Xiling Power (300733.SZ) intends to acquire 100% equity of Weipai Automotive, a turbocharger manufacturer.

Zhitong Finance APP News, Xiling Power (300733.SZ) announced that the company plans to acquire 100% equity of Weipai Automotive Electronics (Shanghai) Co., Ltd. ("Weipai Automotive") by paying cash. The target company is mainly engaged in the production and sales of turbochargers, with major customers being internationally renowned automobile manufacturers.