Technology, Financials, Automotive Jan 27, 2022 07:10 PM (GMT+8) · EqualOcean
GAC announced that the company paid attention to the information released on the official website of stellantis group: "it plans to increase its share in the joint venture GAC Fick from the current 50% to 75%." In recent years, due to the great difficulties in the operation of gac-fick, the shareholders of both sides of the joint venture have conducted in-depth communication and consultation on their joint venture and cooperative operation and gac-fick revitalization plan. At present, the two sides have not signed a formal agreement on the equity adjustment of gac-fick.
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