FAW-Volkswagen launching a new round of capital increase confrontation.

Recently, the Beijing Property Rights Exchange announced that FAW Pentium Automobile Co., Ltd. has launched a new round of capital increase to attract investors. Following the Yue Da Group, FAW Pentium once again introduced strategic investors to the market. It is understood that FAW Pentium's focus this time will be on local investment, companies in the industrial chain, and strategic partners of China FAW, aiming to integrate resources and synchronize strategies by introducing shareholders with different industry backgrounds and resource advantages, providing diverse support for the transformation to new energy.