GAC, its subsidiary GAC New Energy Automobile Co., and Shanghai Weilai Automobile Co., Ltd. have signed a memorandum of cooperation to set up a new company, GAC Weilai New Energy Automobile Co., Ltd. "to jointly promote the transformation and development of China's automobile industry" aiming for "innovation and upgrading", and "make full use of both parties' talent, resources, technology, capital, the combined advantages of the smart network of clean energy Car industry technology research and development, production, operation, sales".
http://www.d1ev.com/news/qiye/60311
Statement: http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2017-12-28/601238_20171228_2.pdf
http://www.d1ev.com/news/qiye/60311
Statement: http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2017-12-28/601238_20171228_2.pdf
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