GAC Group Announces Major Restructuring and Share Suspension

GAC Group has initiated a major asset restructuring involving the acquisition of a stake in a joint venture from FAW Group, leading to a temporary suspension of its A-shares.

September 14, 2026, 04:23 PM·2 views

GAC Group has announced plans to acquire a stake in a joint venture vehicle manufacturer currently held by FAW Group. The transaction will be structured through the issuance of new shares, with additional capital raising also planned as part of the deal.

The company officially classified this transaction as a major asset restructuring and a related-party deal. GAC Group confirmed that the acquisition will not result in a change of actual control or a backdoor listing for the organization.

Following the announcement, trading of GAC Group A-shares was suspended starting September 14, 2026. The company expects the suspension period to last no longer than 10 trading days while the details of the restructuring are finalized.