GAC's Inpai Battery increased its capital to 2.08 billion, and GAC Passenger Car became a new shareholder

Inpai Battery Company, a subsidiary of GAC, has recently undergone industrial and commercial changes, and GAC Passenger Vehicle Co., Ltd. has become a new shareholder. At the same time, the company's registered capital has increased from RMB 1 billion to approximately RMB 2.08 billion. New business scopes have been added, including import and export of goods, import and export of technology, and import and export agency. The company was established in October 2022, and its legal representative is Gu Huinan.