BMW did not acquire Brilliance. BMW only holds 75% equity of the joint venture company and the joint venture brand BMW Brilliance, which is only part of the business of Brilliance Automobile Group. Brilliance Auto Group also owns other automobile brands such as Brilliance China, Brilliance Xinyuan, brilliance jinbei, Imperial Car and Huasong.

At present, Brilliance Automobile Group has four listed companies (Brilliance China Automobile Holdings Co., Ltd., Shanghai Shenhua Holdings Co., Ltd., Jinbei Automobile Co., Ltd. and Chen Xin Zhongdian Holdings Co., Ltd.) and more than 65,438+000 wholly-owned, holding and shareholding companies. It has established three independent brands, namely China, Jinbei and Huasong, and a joint venture brand of BMW Brilliance. Its products cover all fields of passenger cars and commercial vehicles.

On behalf of BMW Global official website, BMW will increase its stake in BMW Brilliance by 25%. After the transaction is completed, BMW will hold 75% of the shares of the joint venture company. As for the acquisition amount, there is no official news at present, and the estimated amount is around 3.6 billion euros.

China will open the joint stock ratio of passenger cars in 2022. BMW Brilliance is the first joint venture company to break the 50:50 share ratio. After China announced the relaxation of the restrictions on the share ratio of joint ventures, BMW Group will become the first company to "eat crabs".

BMW Brilliance Automobile Co., Ltd. is a joint venture established by BMW Group and Brilliance China Automobile Holdings Co., Ltd. on March 27th, 2003. Previously, BMW Group and Brilliance Auto held 50% shares in the joint venture company, and BMW Brilliance was engaged in the manufacture, sales and after-sales service of BMW brand cars.

Million car purchase subsidy