FAW Bestune launches a new round of capital increase and strategic investment

FAW Bestune Automobile Co., Ltd. (hereinafter referred to as "FAW Bestune") officially launched a new round of capital increase and foreign investment. FAW Bestune's original shareholder, China FAW, plans to participate in this capital increase in a non-public manner, with an intended investment amount of 5.24 billion yuan, and the capital increase price is consistent with the price formed by external investors.