FEG HOLDING-NEW (01413) Establishes Strategic Partnership with Kuaike Company to Jointly Develop Ride-Hailing and New Energy Markets

Stock News
Jan 12

FEG HOLDING-NEW (01413) announced that on December 30, 2025, the company (as "Party A") entered into a non-legally binding strategic cooperation framework agreement with Sichuan Kuaike Automobile Service Co., Ltd. ("Kuaike Company", as "Party B"). The agreement aims to explore and develop the online ride-hailing and new energy-related mobility markets in Greater China, including Mainland China, Hong Kong, and Macau. Both parties recognized the immense potential of the ride-hailing and new energy mobility markets in Greater China and seek strategic synergies based on their respective strengths. The Group possesses experience in capital operations and cross-regional management, while Kuaike Company holds advantages in local operations, market penetration, and possessing relevant business qualifications. The parties intend to integrate resources and capture market opportunities by establishing a strategic partnership. The Board of Directors believes that forming this strategic cooperation with Kuaike Company aligns with the Group's development strategy of actively exploring new growth opportunities. By combining Kuaike Company's operational expertise in the mobility sector with the Group's resources and platform advantages, it will help the Group potentially tap into the promising market segments of ride-hailing and new energy, which may create long-term value for shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10