CIMC Vehicles announced that it plans to invest RMB 100 million in its wholly-owned subsidiary, Jiangsu Baojing Automotive Parts Co., Ltd. ("Jiangsu Baojing"), to enhance the supply capacity of "Only Starlink" running gear modules. After the capital

2025-11-13

CIMC Vehicles announced that it plans to invest RMB 100 million in its wholly-owned subsidiary, Jiangsu Baojing Automotive Parts Co., Ltd. ("Jiangsu Baojing"), to enhance the supply capacity of "Only Starlink" running gear modules. After the capital increase, Jiangsu Baojing's registered capital will increase from RMB 115 million to RMB 215 million, and it will remain a wholly-owned subsidiary of CIMC Vehicles.