Recent events
Recent events tied to this brand in public sources.
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2022
SAIC Z-ONE and Yanfeng agree to develop intelligent cockpit technology
SAIC Z-ONE and Yanfeng signed a strategic cooperation agreement to work on an integrated computing platform for SAIC’s Z-One Galaxy Full-stack 3.0 Solution and explore the market.
2020
Yanfeng completes acquisition of a 30% stake in Yanfeng Automotive Interiors
Yanfeng Automotive Trim Systems completed the payment of the relevant acquisition funds, and the acquisition of a 30% stake in Yanfeng Automotive Interiors was described as basically complete. The source does not give the completion date.
2020
Adient completed sale of its YFAI stake
Adient announced that it had closed the transaction selling its 30 percent ownership stake in Yanfeng Global Automotive Interior Systems Co., Ltd. (YFAI) to Yanfeng, receiving US$309 million at closing and becoming entitled to a further US$60 million on a deferred basis.
2020
Huayu subsidiary agrees to acquire remaining 30% of Yanfeng Automotive Interiors
Huayu Automotive Systems' wholly owned subsidiary Yanfeng Automotive Trim Systems signed an agreement to acquire Adient Interior Hong Kong's 30% stake in Yanfeng Automotive Interiors for US$379 million. The proposed acquisition was subject to government approval or filing.