Hasco Automotive: Subsidiary Plans to Acquire 10.96% Stake in Lianchuang Electronics via Public Delisting

Published: Oct 13, 2026 14:37 (GMT+8)

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Hasco Automotive announced in an evening filing that its wholly owned subsidiary Shanghai Huizhong Automotive Manufacturing Co., Ltd. (Shanghai Huizhong), based on its "intelligent chassis" plan and the need for continuous business expansion, plans to acquire a 10.9569% stake in Lianchuang Automotive Electronics Co., Ltd. (Lianchuang Electronics) held by the National Green Development Fund Co., Ltd. through public delisting on the Shanghai United Assets and Equity Exchange. Upon completion of the transaction, Shanghai Huizhong's shareholding in Lianchuang Electronics will increase to 16.25%.

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