Zhitong Finance App News, Volkswagen Public (01635.HK) issued an announcement. Recently, the company, Dazhong Transportation, and Beijing Motion jointly signed a “Partnership Agreement” and decided to jointly fund the establishment of Wuxi Liyao. The total amount of capital pledged by Wuxi Liyao was RMB 201 million. As a limited partner, the company pledged an investment of RMB 150 million, with a pledge ratio of 74.6269%; Dazhong Transportation, as a limited partner, pledged RMB 50 million, with a pledge ratio of 24.8756%; and Beijing Vibration pledged an investment of RMB 1 million as a general partner, with a pledge ratio of 0.4975%.

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