Sou Hu Cai Jing·2025-12-29 02:41Group 1 - China FAW Group and Leap Motor signed investment and cooperation agreements to enhance strategic collaboration in capital and powertrain sectors [1][3] - FAW's subsidiary, FAW Equity Investment (Tianjin) Co., will become a strategic shareholder of Leap Motor by subscribing to 74.832 million shares at a price of RMB 50.03 per share, totaling RMB 3.744 billion [3] - The share issuance represents 20.47% of the expanded total of domestic shares and 5% of the total expanded shares of Leap Motor [3] Group 2 - The partnership aims to leverage each company's strengths in the joint development and production of smart connected new energy vehicles, as well as global expansion [3] - This collaboration follows a strategic cooperation memorandum signed on March 3, 2025, indicating a long-term commitment to working together [3]