An unknown buyer entered into an agreement to acquire 51% stake in Bohai Keruishi Electric Co., Ltd from Bohai Automotive Systems CO., LTD. (SHSE:600960) on August 3, 2020. Under the terms, the transaction was approved by the antitrust authorities on December 16, 2020. An unknown buyer completed the acquisition of 51% stake in Bohai Keruishi Electric Co., Ltd from Bohai Automotive Systems CO., LTD. (SHSE:600960) on December 28, 2020.