Changchun FAWAY Automobile Components Co.,Ltd (SHSE:600742) agreed to acquire additional 5% stake in Jilin Xinhui Auto Parts Technology Co., Ltd. from Changchun FAW Sihuan Group Ltd. on October 24, 2022. Post acquisition, Changchun FAWAY Automobile Components Co.,Ltd will hold 25% stake in Jilin Xinhui Auto Parts Technology Co., Ltd.