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Lifan-Mercedes Stake Transfer
Lifan နှင့် Mercedes ပူးပေါင်းဆောင်ရွက်မည်

Chongqing Qianli Technology has announced a strategic stake transfer to one of the world’s most iconic carmakers Mercedes-Benz Group. Chongqing Lifan Holdings, has agreed to transfer a 3% stake, totaling 135.63 million shares, to Mercedes-Benz at 9.87 yuan per share valuing the deal at approximately 1.34 billion yuan, or $187.9 million USD. Mercedes-Benz has committed not to reduce its shareholding for the next 12 months, signaling a strong long-term interest in the partnership. This move further strengthens the growing alliance between Geely and Mercedes-Benz, who are also reportedly exploring collaboration on combustion-engine projects.

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