GAC Group: Proposed to invest no more than $149 million in Didi Autonomous Driving Company

GAC Group: Proposed to invest no more than 149 million US dollars in Didi Autonomous Driving Company. According to Cailian News Agency on October 12, GAC Group announced that the board of directors agreed to jointly invest a wholly-owned subsidiary, GAC Capital Co

GAC Group: Proposed to invest no more than 149 million US dollars in Didi Autonomous Driving Company. According to Cailian News Agency on October 12, GAC Group announced that the board of directors agreed to jointly invest a wholly-owned subsidiary, GAC Capital Co., Ltd., and Guangzhou Development Zone Investment Group Co., Ltd. in an equal proportion to establish a special fund with a scale of no more than 155 million US dollars, with an investment in Didi Autonomous Driving Company not exceeding 149 million US dollars. Among them, our company has made a special capital increase of no more than 75 million US dollars or equivalent to the wholly-owned subsidiary Guangqi Capital Co., Ltd., to establish a special fund and participate in this investment.

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