Tianyouwei announced on December 9 that the company plans to use its own capital of 1 million euros to purchase 100% of Krämer Automotive Systems GmbH's shares held by MS-ONE Holding AG. Once the acquisition is completed, the company will own 100% of Kramer's shares. The acquisition is in line with the company's international development strategy, helps the company to better explore customers in the European market, especially high-end passenger car customers, helps enhance the company's profitability and sustainable development capabilities, and enhances the company's market competitiveness and industry position.

Tianyouwei announced on December 9 that the company plans to use its own capital of 1 million euros to purchase 100% of Krämer Automotive Systems GmbH's shares held by MS-ONE Holding AG. Once the acquisition is completed, the company will own 100% of Kramer's shares. The acquisition is in line with the company's international development strategy, helps the company to better explore customers in the European market, especially high-end passenger car customers, helps enhance the company's profitability and sustainable development capabilities, and enhances the company's market competitiveness and industry position.