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Momenta Plans RMB 300 Million Intelligent Driving Joint Venture With SAIC Motor, Yandian Technology
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Momenta Plans RMB 300 Million Intelligent Driving Joint Venture With SAIC Motor, Yandian Technology
  • Momenta Global will form a RMB 300 million joint venture with SAIC Motor and Yandian Technology through its wholly owned Suzhou subsidiary.
  • Momenta Suzhou will invest RMB 153 million for a 51% stake.
  • SAIC Motor will invest RMB 75 million for a 25% stake.
  • Yandian Technology, a SAIC Motor subsidiary, will invest RMB 72 million for a 24% stake.
  • The venture will deepen global cooperation across all vehicle platforms, offering advanced intelligent driving products and services, including L2 and L3.


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. Momenta Global Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261105-12403021), on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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