FAW Group is reportedly planning to invest in Leapmotor by submitting a preliminary tender offer for approximately 10% of the company's shares, with the objective of becoming a strategic shareholder. Currently, the acquisition plan is being circulated and actively promoted within the relevant departments of FAW Group. Notably, the two parties have already signed a memorandum of understanding on strategic cooperation and have made substantial progress in jointly developing new energy passenger vehicles and collaborating on parts supply.