GAC Group to transfer equity in Greater Bay Technology for CNY 1.33 billion

On December 3, Guangzhou Automobile Group Co., Ltd. (GAC Group) announced on the Shanghai Stock Exchange (SSE) that it plans to transfer its 15.82% equity in Guangzhou Greater Bay Technology Co., Ltd. (Greater Bay Technology) to Guangzhou Automobile Industry Group Co., Ltd. (GAC Industry), a controlling shareholder, ....

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