FilingReader Intelligence
GAC Group invests 600m yuan in Huawei Automobile
August 14, 2025 at 05:07 AM UTC•By FilingReader AI
Guangzhou Automobile Group will invest 600 million yuan in Huawei Automobile Technology through its GAC Aion subsidiary.
Following the investment, GAC Group will directly hold 71.43% of Huawei Automobile's equity and indirectly hold 28.57% through GAC Aion.
The board also appointed Gao Hongxiang as a member of the company's executive committee.
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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