FAWER Automotive sells associate stake, schedules Q3 investor briefing

FAWER Automotive Parts Company is divesting its 40% equity in Changchun FAW-Anhui Wan’an Brake Control System Co., Ltd. for 2,622.20萬元. The transaction, approved on August 26, 2025, with an assessment value of 6,555.5萬元 for the entire company, aims to optimize resource allocation and enhance risk resistance by shedding non-core assets. Zhejiang Wan’an Technology Co., Ltd. emerged as the sole buyer, signing the equity transfer contract on October 31, 2025. The transfer of ownership is expected by November 25, 2025, with funds recovered by FAWER Automotive projected at 2,622.20萬元.

In a related development, FAWER Automotive will host an online performance briefing on November 6, 2025, from 15:00 to 16:00, to discuss its Q3 2025 report, which was disclosed on October 29, 2025. This session will allow investors to engage with the company's management team, including its general manager, independent directors, CFO, and board secretary.

Investors can submit questions in advance via the Panorama Network platform until November 6, 2025, at 12:00, to ensure a focused discussion on topics of broad interest during the Q3 2025 performance briefing.