GAC Group (601238.SH) plans to acquire a 50% stake in FAW Toyota, trading to resume on September 29.

Zhito Finance APP News: GAC Group (601238.SH) has announced that it plans to acquire a 50% equity stake in FAW Toyota held by FAW Shares through the issuance of shares, and to raise matching funds through the issuance of shares. As of the date of signing this preliminary plan, the audit and evaluation of the target assets have not yet been completed, and the evaluated value and transaction price of the target assets in this transaction have not yet been determined.