Lotus Technology Inc. Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million

Reuters

30 May

Lotus Technology Inc. Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million

Lotus Technology Inc. has announced that its wholly-owned subsidiary, Ningbo Lotus Venture Capital Co., Ltd., has entered into an equity transfer agreement with Zhejiang Geely Powertrain Co., Ltd. On May 30, 2025, Ningbo Lotus agreed to sell its 17.5% equity interest in Wuxi InfiMotion Technology Co., Ltd. to Geely for a total cash consideration of RMB420 million. The completion of this transaction is contingent upon customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lotus Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-054463), on May 30, 2025, and is solely responsible for the information contained therein.

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Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Lotus Technology Inc. Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Lotus Technology Inc. has announced that its wholly-owned subsidiary, Ningbo Lotus Venture Capital Co., Ltd., has entered into an equity transfer agreement with Zhejiang Geely Powertrain Co., Ltd. On May 30, 2025, Ningbo Lotus agreed to sell its 17.5% equity interest in Wuxi InfiMotion Technology Co., Ltd. to Geely for a total cash consideration of RMB420 million. 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Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-30 18:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Lotus Technology Inc. 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ID: 0001104659-25-054463), on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL1xkxhm:1","article_id":"2539225800","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539225800","pubTimestamp":1748599635,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lotus Technology Inc. has announced that its wholly-owned subsidiary, Ningbo Lotus Venture Capital Co., Ltd., has entered into an equity transfer agreement with Zhejiang Geely Powertrain Co., Ltd. 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Lotus Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 30, 2025, and is solely","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","LOT":"路特斯"},"translate_title":"Lotus Technology Inc.子公司以人民币4.2亿元向吉利出售无锡盈动科技17.5%股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOT":0.9},"content_text":"Lotus Technology Inc. Subsidiary Sells 17.5% Stake in Wuxi InfiMotion Technology to Geely for RMB420 Million\n    \n\n        Lotus Technology Inc. has announced that its wholly-owned subsidiary, Ningbo Lotus Venture Capital Co., Ltd., has entered into an equity transfer agreement with Zhejiang Geely Powertrain Co., Ltd. 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