BAIC BluePark Intends to Purchase Assets of BAIC Foton’s Miyun Factory for Up to RMB 1.516 Billion, with Proposal Slated for Review at the 2026 Fourth Extraordinary Shareholders' Meeting
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Author:小编   

On September 12, 2026, BAIC BluePark New Energy Technology Co., Ltd. unveiled the meeting materials for its upcoming fourth extraordinary shareholders' meeting of the same year, set to take place on September 29. During this meeting, a proposal regarding a related-party transaction will be deliberated. According to the proposal, a subsidiary intends to utilize its own funds to acquire the relevant assets of the Miyun Factory currently owned by BAIC Foton. The pre-tax assessed value of these assets stands at approximately RMB 1.390 billion, while the total price, inclusive of taxes, is estimated to be around RMB 1.516 billion.