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FAW Group Aims to Acquire Approximately 10% Stake in Leapmotor, Becoming a Strategic Shareholder
4 week ago /
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Author：小编
On August 20, Cailian Press exclusively revealed that FAW Group is poised to acquire a significant equity position in Leapmotor, with ambitions to secure approximately 10% of its shares and elevate itself to the status of a strategic shareholder. This plan has gained traction within FAW Group, with internal circulation and promotion already underway. Earlier this year, in March, the two entities inked a memorandum of understanding (MOU) on strategic cooperation, setting their sights on bolstering product competitiveness through technological integration and fostering resource synergy across the entire industrial chain.
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