China FAW responds to the acquisition of 10% equity of Zero Run Car: false information

On August 20th, it was reported that China FAW Group is planning to invest in and acquire a stake in Zerogo Motors, with initial plans to acquire approximately 10% of Zerogo's shares. Currently, this plan is being circulated and promoted within relevant departments of the FAW Group. In response to this, FAW Group stated, "This is false information."