FilingReader Intelligence
Lifan Technology sells car tech to Geely for $48m
August 2, 2025 at 05:17 AM UTC•By FilingReader AI
Chongqing Qianli Technology Co., formerly Lifan Industry Group, will sell P658 model technology to Ningbo Geely Automobile Research and Development Co. for 345.22 million yuan ($48 million).
The transaction is part of broader changes at Lifan Technology, which is also eliminating its board of supervisors and increasing its 2025 related-party transaction forecast from 754.03 million yuan to 1.12 billion yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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