Leapmotor Declines to Comment on Rumors of 10% Stake Acquisition by FAW
4 week ago / Read about 0 minute
Author:小编   

On August 20, market whispers emerged claiming that China FAW Group was poised to acquire roughly 10% of Leapmotor's shares, with this plan reportedly progressing internally within FAW. In response to these rumors, Leapmotor opted to remain silent, issuing a statement that read "no comment." Prior to this development, both entities had already signed a memorandum of understanding aimed at exploring potential avenues for technological and capital collaboration.