A · Important
[GAC Group: Planning to issue shares to purchase assets, stock trading suspended] On September 14th, GAC Group (601238.SH) announced that the company signed an "Agreement of Intent" with China FAW Co., Ltd., planning to issue shares to purchase part of the equity of a vehicle joint venture held by FAW Co., Ltd., and to raise supporting funds. This transaction is expected to constitute a major asset reorganization and related transaction, and does not constitute a change in the actual controller or a reorganization and listing. The company's A shares will be suspended from trading since the market opens on September 14, 2026, and the suspension is expected to last no more than 10 trading days.
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