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01/06/2026 06:59
OPmobility and Yanfeng finalize the strengthening of their Chinese joint venture YFPOParis, June 1, 2026 OPmobility and Yanfeng finalize the strengthening of their Chinese joint venture YFPOAs part of OPmobility’s strategy to accelerate its development in China and reinforce its positioning with fast-growing Chinese automakers, OPmobility and Yanfeng announce the completion of the strengthening of their joint venture YFPO, China’s leading manufacturer of exterior body parts, such as bumpers and tailgates. This operation, effective June 1st, integrates module assembly activities from OPmobility and Yanfeng into YFPO, and enables the company to offer signature and decorative lighting solutions. The joint venture now offers, to automakers in China for the local market, a comprehensive and differentiated portfolio combining exterior body systems, signature and decorative lighting, and modules, as well as integrated offers combining these solutions. YFPO now employs around 3,000 people in China across more than 30 plants and one R&D center. The integration of new activities into YFPO will generate industrial and commercial synergies, notably by enabling the joint venture to meet the growing demand of both Chinese and international auto manufacturers for integrated solutions in China. Félicie Burelle, Chief Executive Officer of OPmobility, stated: “This new chapter builds on the strong foundation and proven success of YFPO, the joint venture we established in 2007 with Yanfeng, a subsidiary of SAIC Motor Corporation, and reflects our continued confidence in and commitment to the Chinese market. By expanding YFPO’s technological portfolio, we are strengthening its ability to deliver increasingly high value-added solutions in China. This operation is fully in line with OPmobility’s strategy of geographic, technological, and customer diversification.” About OPmobilityOPmobility is a world leader in sustainable mobility and a technology partner to mobility players worldwide. Driven by innovation since its creation in 1946, the Group is today composed of four complementary business groups that enable it to offer its customers a wide range of solutions: exterior and lighting systems, complex modules, energy storage systems and battery and hydrogen electrification solutions. OPmobility also offers its customers an activity dedicated to the development of software, OP’nSoft. With economic revenue of 11.5 billion euros in 2025 and a global network of 152 plants and 40 R&D centers, OPmobility relies on its 38,100 employees to meet the challenges of sustainable mobility. OPmobility is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is included in the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570). www.opmobility.com MEDIAAmbroise Ecorcheville INVESTOR RELATIONSStéphanie Laval Source : Webdisclosure.com |
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