FAW Jiefang(SZ:000800) Xi Niu Cai Jing·2025-09-25 06:35Group 1 - The core point of the article is that FAW Group has signed an agreement to increase its investment and acquire equity in Zhuoyue Technology, becoming the largest single shareholder after the transaction [2][3] - Before the transaction, New Territory held 70.65% of Zhuoyue Technology's shares, and after the transaction, FAW Group will hold 35.80% while New Territory's stake will decrease to 34.85%, leading to joint control of Zhuoyue Technology [2] - Zhuoyue Technology, which was spun off from DJI's automotive division in 2023, focuses on advanced driver-assistance systems (ADAS) and is known for its cost-effective high-level intelligent driving technology [3] Group 2 - Zhuoyue Technology has established partnerships with several major automotive companies, including Volkswagen, SAIC-GM-Wuling, Chery, and FAW, with a focus on the Hongqi brand for FAW [3] - As of April 2025, Zhuoyue Technology's platform has over 20 models in mass production and more than 30 models set to enter production, indicating strong growth momentum [3] - The acquisition is significant for FAW Group as it enhances its technical capabilities in the ADAS field and accelerates the commercialization of intelligent driving technology, supporting the growth of its self-owned brands [3]