To this end, Baic has started to increase its stake starting in July, bringing it to 5%. Baic tip, however, is doubling, and with the 10% of the shares would exceed the rival compatriot Geely, which owns the 9,69% of the securities at the time the main shareholder of the drive of Stuttgart.
Baic aspires to a seat in the supervisory board, which Geely has not.
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