Beijing Automotive Group (01958.HK) plans to sell a 51% stake in Beiqi International for approximately 1.608 billion yuan.

China Fortune Financial APP news, Beijing Auto (01958.HK) announced that on November 21, 2025 (after trading hours), the company has entered into a stock acquisition agreement with BAIC Group. According to this agreement, the company has conditionally agreed to sell, and BAIC Group has conditionally agreed to purchase 51% of the equity of BAIC International, with a total cash price of approximately RMB 1.608 billion (the final price shall be determined based on the evaluated equity value in the "Asset Assessment Report" filed by the competent authority).