Revealed: FAW Group's Equity Investment in Leapmotor Nears Completion, Set to Acquire 5% Stake
2025-11-29 / Read about 0 minute
Author:小编   

On November 28, reliable sources disclosed that FAW Group's equity investment in Leapmotor is in its concluding phase. Both parties anticipate finalizing the signing as soon as this year, with FAW initially set to acquire an approximate 5% stake. Earlier, Zhu Jiangming, Chairman of Leapmotor, refuted rumors of "FAW acquiring Leapmotor," highlighting that the collaboration was confined to equity-level discussions and that the founding team would retain actual control over the company. In March of this year, the two entities signed a Strategic Cooperation Memorandum of Understanding, encompassing joint development of new energy passenger vehicles and financial collaboration.