BAIC Motor Corporation Limited has agreed to sell 51% of the equity interests in its wholly-owned subsidiary, BAIC International Development Co., Ltd., to BAIC Group for a total cash consideration of RMB 1,607.5740 million. The final price will be determined based on the appraised value of the equity interests as outlined in an independent asset valuation report. BAIC International is primarily engaged in the overseas sales and distribution of the group's self-branded passenger vehicles. The transaction was formalized through an equity acquisition agreement signed on 21 November 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BAIC Motor Corporation Ltd. published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.