Why did AVIC buy Nexter?

Avic auto parts and related industries bought Nexter for technology and suppliers.

Nexter has the world's leading core technology in EPS, and has become the fourth largest supplier of electronic power steering system in the world, accounting for 9% of the global market share.

Nexter ranks in the top three in the field of traditional automobile transmission system and hydraulic power steering system, accounting for about 10% of the global market share.