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北京汽车:北汽投与现代汽车向北京现代注资10.95亿美元

Peking Autos: BAIC Investment and Hyundai Motor inject 1.095 billion USD into Beijing Hyundai.

Breakings ·  Dec 11, 2024 17:45

Peking Autos announced that on December 11, 2024, BAIC Investment and Hyundai Motor signed an agreement, agreeing to jointly inject 1.095 billion USD into Beijing Hyundai according to their respective equity ratios in the registered capital of Beijing Hyundai. Both parties will each invest 0.548 billion USD. The investment will be carried out in phases. Upon completion of the investment, the registered capital of Beijing Hyundai will increase to 4.074 billion USD, and it will continue to be owned by BAIC Investment and Hyundai Motor at 50% each and will continue to be accounted for as a joint venture of the company.

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