RM-SYSTÉM»Události»Daimler welcomes commitment by long-term partner BAIC
Daimler welcomes commitment by long-term partner BAIC
14.12.2021 10:59
December 13, 2021 - Daimler AG’s long-term shareholder and partner in China, Beijing Automotive Group Co Ltd (BAIC), announced that it has been holding an increased stake in Daimler of 9.98 percent since 2019. This underlines the successful partnership to continue long-term success for Mercedes-Benz in China.
Daimler owns a 9.55 percent stake in BAIC’s Hong Kong listed unit BAIC Motor as well as a stake of 2.46 percent in the Shanghai listed BAIC BluePark. According to an agreement between both parties, BAIC has confirmed to not further raise its stake in Daimler.
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