GAC Group announced plans to acquire a 50% stake in FAW Toyota Motor through a share issuance. The company also intends to raise additional funds by issuing shares to up to 35 qualified investors. Trading of GAC Group shares will resume on September 29, 2026.
The transaction aims to integrate resources between GAC Group and FAW Toyota, focusing on R&D, supply chain management, and production facilities in Tianjin, Changchun, and Chengdu. This move is designed to consolidate operations, reduce redundant investments, and share costs for technical innovation.
According to the China Association of Automobile Manufacturers, the combined sales of FAW Toyota and GAC Toyota accounted for 17.03% of the joint-venture passenger vehicle market in 2025. The integration is expected to strengthen GAC Group's market position and long-term competitiveness.
