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(Reporter Wang Xuexuan) Yesterday, at the State-owned Enterprise Reform and Development Forum held by the Beijing SASAC, Xu Heyi, Party Secretary and Chairman of Beiqi Investment Company, publicly announced for the first time that Beijing Automotive Investment Corporation (holding 50% equity of Beijing Hyundai Co., Ltd.) is actively Plan for a listing plan and strive for a public listing in September. He said that the plan for listing is being developed. Xu Heyi said that in order to realize Beijing's modern production target of 300,000 cars per year, Beiqi Investment Company is expected to invest an additional 3.2 billion yuan in the next step. At the same time, Beiqi Investment is expanding on the basis of Beijing Hyundai to auto parts and auto service trade. This will also require four to five billion yuan, and it will only be possible to raise the required development funds for BAIC investment when it is implemented.
May 24, 2024