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OPM Opmobility SE News Story

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OPmobility rise on Chery partnership

** Shares in French car parts supplier OPmobility OPM.PA rise 3% after it signed a global cooperation letter of intent with Chinese carmaker Chery Automobile 9973.HK

** OPmobility says it aims to support China's third-largest automotive group in its international expansion and has signed two contracts to provide it with bumpers in Spain and Brazil from 2026

** "In our view, they are among the European suppliers who can benefit from China's expansion... So, for me, this is a very positive sign," Midcap Partners analyst Julien Thomas told Reuters

** Shares in OPmobility are on track for their best day since September 19, if gains hold

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@thomsonreuters.com))

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