FAW Group plans to acquire shares in Zhuoyu Technology

2025-09-23 20:11
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The State Administration for Market Regulation recently announced FAW Group's planned acquisition of Shenzhen Zhuoyu Technology Co., Ltd. FAW Group and New Territory will jointly control Zhuoyu Technology, holding 35.80% and 34.85% stakes, respectively. Zhuoyu Technology has established partnerships with several well-known automakers, including Volkswagen, SAIC-GM-Wuling, Chery Automobile, FAW Group, Dongfeng Motor, and Great Wall Motor.