Research reports explore | Minsheng Securities: luxshare precision industry's acquisition of Lenny company to improve the automotive business map, maintaining a "recommended" rating.

Gelonghui Finance · Sep 18 15:22

Minsheng Securities' research report pointed out that Luxshare Precision Industry (002475.SZ) has acquired Leoni, further expanding its automotive business. Leoni is a leading global supplier of cable, wire, and wiring system solutions. With this acquisition, it will help Luxshare achieve resource sharing, complementary advantages, and strategic synergy with Leoni in product development, market expansion, customer access, capacity layout, and material procurement, rapidly forming a differentiated competitive advantage in the global automotive wiring field and providing more convenient and efficient vertical integration services for Chinese car companies going global and traditional overseas car companies. In addition, the company will continue to solidify the foundation of its consumer electronics business as part of the established "three five-year" plan, while leveraging both the communication and automotive businesses to promote the company's diversification. The company's comprehensive layout of "complete machine assembly + precision components + modules", along with the continuous increase in mobile phone assembly share, customer expansion in the automotive and communication businesses, and new product volume, is expected to further drive the company's performance growth. The "buy " rating is maintained.

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研报掘金丨民生证券：立讯精密收购莱尼公司完善汽车业务版图，维持“推荐”评级

Research reports explore | Minsheng Securities: luxshare precision industry's acquisition of Lenny company to improve the automotive business map, maintaining a "recommended" rating.

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