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Leapmotor Refutes Rumors of FAW's Equity Acquisition: Reports Deemed Baseless
2025-11-05 /
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Author：小编
On November 4, amid swirling rumors that FAW Group was set to acquire a stake in Leapmotor, both official representatives of Leapmotor and its founder, Zhu Jiangming, stepped forward to vehemently deny these claims. Initial reports had circulated, suggesting that FAW Group intended to incrementally acquire equity in Leapmotor via a private placement. According to these reports, the ultimate goal was for FAW Group to emerge as Leapmotor's largest shareholder, with an official announcement slated for November 17. Nevertheless, Leapmotor has not provided any confirmation regarding the veracity of this information.
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