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Is Luxshare Precision Industry (SZSE:002475) Using Too Much Debt?
Luxshare Precision (002475.SZ): The product line in the automotive sector currently comprehensively covers core components such as automotive wiring harnesses, connectors, intelligent connectivity, intelligent cabins, and new energy vehicle power systems.
On September 18, Luxshare Precision Industry (002475.SZ) stated on the investor interaction platform that the company's product line in the automotive sector currently covers comprehensive core components such as automotive harnesses, connectors, asia vets connectivity, asia vets cabins, and new energy vehicle power systems. In the future, the company will continue to solidify its existing capabilities, continuously improve the coverage of its superior products to diverse customers at home and abroad, and leverage the advantages of platformization and the resources of global strategy cooperation platforms to continually enhance the competitiveness of its Tier 1 products through practical experience, aiming to realize its vision of becoming a global leader in the next fifteen years.
Research reports explore | Minsheng Securities: luxshare precision industry's acquisition of Lenny company to improve the automotive business map, maintaining a "recommended" rating.
Minsheng Securities research report pointed out that Luxshare Precision (002475.SZ) acquired Lanyi Company, further expanding its automotive business. Lanyi Company is a global leader in cable, wire, and wire harness solutions. With this acquisition, it will help Luxshare achieve resource sharing, complementary advantages, and strategic cooperation with Lanyi Company in product development, market expansion, customer access, capacity layout, material procurement, and other aspects, quickly forming a differentiated competitive advantage in the global automotive wire harness field. It provides more convenient and efficient vertical integration services for Chinese automotive companies going overseas and traditional overseas automotive companies. In addition, the company follows the "Three
Luxshare Precision Industry Plans to Acquire Majority Stake in German Manufacturer
Luxshare Precision Industry (002475.SZ) plans to acquire the equity of Leoni AG and its wholly-owned subsidiary to advance the global expansion of the company's automotive business.
Luxshare Precision Industry (002475.SZ) has announced its plans to accelerate the global expansion of its automotive business and enhance the company's...
Express News | Luxshare Says It Plans to Buy 50.1% Stake in Leoni AG and 100% Stake in Leoni's Unit Leoni Kabel Gmbh for 320 Mln Euros
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