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China FAW Group Rumored to Acquire 10% Stake in Leapmotor, Amid Earlier Signs of Capital Collaboration; Leapmotor Responds with 'No Comment'
2025-08-20 /
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Author：小编
On August 20, market whispers suggested that China FAW Group was poised to acquire a 10% stake in Leapmotor, a move reportedly already in the works internally at FAW. Leapmotor chose not to comment on these speculations. However, hints of a capital collaboration between the two entities had surfaced previously. In March 2025, both FAW Chairman Qiu Xiandong and Leapmotor Founder Zhu Jiangming were present in Changchun for the signing of a strategic cooperation memorandum. This partnership aimed to foster joint development of new energy passenger vehicles and components, while also exploring the potential for deeper capital cooperation to facilitate comprehensive industry chain resource integration.
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