· 7.2 billion overseas M&A unveiled veil wins electronic betting car intelligence

On the 2nd night of the suspension of trading for nearly 3 months, Junsheng Electronics "spreaded" the restructuring framework. The company plans to acquire two international auto parts giants from the US and Germany, and further strengthen the company's global strategy in the fields of vehicle safety, intelligence and environmental protection. layout. The reporter further learned from the company that the transaction amount is expected to reach 1.1 billion US dollars (equivalent to 7.2 billion yuan), which will also become a global merger and acquisition initiated by the company after the "receiving" of German Puri.

On the 2nd night, Junsheng Electronics announced that the company’s assets under this major asset restructuring were US company KSS.   Holdings, Inc. ("KSS" for short) and German company TechniSat Digital GmbH, Daun ("TS Daun"). Among them, KSS   Since the beginning of the 1950s, it has been involved in the automotive safety market. After more than 60 years of development, it has become one of the world's leading suppliers of active and passive safety systems in this field. TS Dunn in 1986   Established in Daun, Germany on January 31st, mainly engaged in the development and sales of satellite receiving products and accessories, the development and supply of modular information systems in the automotive industry, navigation assisted driving and smart car joints. The developer, supplier and service provider of the system.

Junsheng Electronics said that this global merger will further improve the company's layout in the field of intelligent driving, especially in terms of active safety, automotive information systems and new HMI (Central Control System). With the acquisition of KSS, Junsheng will successfully enter the active and passive security field of automobiles and improve the company's global layout of vehicle safety. The acquisition of TechniSat's automotive business will increase the competitiveness of intelligent navigation systems and a range of in-vehicle information systems, and provide a more complete HMI solution for OEMs through synergies.

According to the reporter, as a global leader in the design, development, and manufacture of automotive safety systems such as airbags, seat belts and steering wheels and key components, KSS products have been widely used in more than 300 customers in more than 60 customers worldwide. A sedan model. With more than $1.5 billion in revenue in 2015, the company has become one of the world's leading providers of automotive safety systems.

When talking about the acquisition, KSS President Luo Guanhong said, “This merger is a perfect combination. KSS has achieved a compound growth of 20% per year in the past, and we hope to develop faster in the future.” In addition, Fangyuan Capital, Crestview and As an existing shareholder of KSS, Canada's surrender fund believes that Winning is a very strategic enterprise and will bring KSS to a new level.

Peter Lepper, founder and general manager of another TS Dorn, believes that Junsheng Electronics' core technology and broad customer base will inject new vitality into its future development. According to financial data, TS Daun's 2015 sales revenue is about 450 million euros.

Wang Jianfeng, chairman of Joyson Electronics, said in an interview that “the two companies acquired by Junsheng Electronics are the leading companies in the global auto parts market. The company will continue to integrate the two companies and promise Increased investment in these two companies. Through the synergy development of the automotive electronics division, the automotive safety division and the automotive functional parts division of Joyson Electronics, it has become a giant enterprise in the global auto parts industry."

Junsheng Electronics plans to disclose the company's major asset purchases and non-public offering plans, etc., no later than February 15.

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