GAC Group: Plans to Issue Shares to Acquire 50% Equity in FAW Toyota; Trading to Resume on the 29th

Published: Oct 13, 2026 14:33 (GMT+8)

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GAC Group announced in the evening that the company plans to acquire the 50% equity stake in FAW Toyota held by FAW Corporation through the issuance of shares, and plans to issue shares to no more than 35 qualified specific investors to raise supporting funds. This transaction is expected to constitute a major asset restructuring, but not a restructuring and listing.

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