Daimler AG confirms that the entrepreneur Li Shufu has acquired 9.69% (103,619,340 shares) of the company. Daimler is pleased to announce that with Li Shufu it could win another long-term orientated shareholder, which is convinced by Daimler's innovation strength, the strategy and the future potential.
Daimler knows and appreciates Li Shufu as an especially knowledgeable Chinese entrepreneur with clear vision for the future, with whom one can constructive discuss the change in the industry.
Daimler has got a broad-based portfolio and footprint in China and with BAIC a strong partner on site.
Daimler AG published this content on 24 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 February 2018 09:56:01 UTC.