Lumax Auto sells 50% stake in JV to Jopp Holding

Lumax Auto sells 50% stake in JV to Jopp Holding — Lumax Auto Technologies has sold its entire 50% equity stake in Lumax Jopp Allied Technologies to Jopp Holding GmbH, Germany. The transaction was completed on June 29, 2026. This strategic move marks a full exit from the joint venture and may lead to a cash inflow or restructuring plans. Financial terms were not disclosed.

📊 STOCKS: LUMAXAUTOTECH | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Divestment