GAC Group: Sells a 12% stake in GAC Industrial to the target company for approximately 1.92 billion yuan

2026-04-10 23:26:06

GAC Group announced that by March 31, 2026, its wholly-owned subsidiary Youpai Energy will enter into an agreement with GAC Industrial to sell approximately 12% of its equity in the target company for about 1.92 billion yuan.
After the transaction is completed, GAC Industrial will become a shareholder of the target company, directly holding 12% of the equity, while the company’s indirect stake in the target company will decrease from 20% to 8%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes