Jing Ji Guan Cha Wang·2025-08-20 11:42Group 1 - China FAW Group is planning to acquire approximately 10% of Leap Motor's shares to become a strategic shareholder, with the proposal already circulating within relevant departments [2] - Both companies have previously engaged in frequent interactions and collaborations, including a strategic cooperation memorandum signed on March 3, which covers technology and capital cooperation [2] - If the acquisition materializes, it would signify a deeper capital collaboration between China FAW and Leap Motor [2] Group 2 - China FAW faces significant pressure in its transition to electric vehicles, with a projected 2024 sales target of 339,000 units, a 41% year-on-year increase, but still smaller compared to competitors [3] - Leap Motor, established in 2015, has rapidly ascended in the new energy vehicle market, with a projected 2024 delivery of nearly 300,000 vehicles, marking over 100% growth [3] - Leap Motor achieved a net profit of 30 million yuan in the first half of 2025, marking its first half-year profit [3] Group 3 - Leap Motor is committed to a "fully self-research" approach, aiming to be both an automotive and technology output company, with its electronic architecture now open to the industry [4] - Collaborating with China FAW will accelerate Leap Motor's technology output and provide credibility to its brand [5] - Future cooperation between the two companies will focus on joint development for overseas markets and localized collaboration with FAW-Volkswagen [5]