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FAW Group Denies Rumors of Investing in Leap Motor
3 week ago /
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Author：小编
On August 20, the Economic Daily reported that the First Automobile Works (FAW) Group was contemplating an investment in Leap Motor, aiming to acquire approximately 10% of its shares and thereby becoming a strategic shareholder. Sources close to the matter indicated that this plan was progressing within FAW. Nonetheless, in the evening, FAW Group issued an official statement denying these claims, stating that the information was false.
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