GAC Group plans to set up electric drive technology companies with a total investment of 2.16 billion yuan
Author:Capital state Time:2022.08.12
On August 11, 2022, the Hong Kong stock listed company GAC Group (02238.HK) announced that the 20th meeting of the 6th board of directors of the company was held on August 11, 2022 (Thursday) in communication to review and approve the "Electricity of Electricity Electricity ElectricityProposal of Driver Technology Company.
Agree with the company and the wholly -owned subsidiary GAC Passenger Car Co., Ltd. and the holding subsidiary GAC Ean New Energy Automobile Co., Ltd. set up electric drive technology companies (tentative names) at a ratio of 23%, 26%, and 51%.The independent IDU electric drive system and the GMC hybrid electrical coupling system industrialization project construction, the total investment of the project is 2.16 billion yuan, of which the registered capital of the project company is 900 million yuan, and the source of funds is raised by each enterprise.
In addition, the meeting also reviewed and approved the "Proposal on the Treatment of Junwei Automobile assets and transferring the equity of the Guangqian Components".Agree with the asset disposal plan of the wholly -owned subsidiary Junwei Automobile Co., Ltd. and the 49%equity of the GAC Parts Co., Ltd. held to the company's wholly -owned subsidiary Zhonglong Investment Co., Ltd.
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