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Botai Vehicle Connectivity: Ping An Capital issues a Letter of Intent for strategic mergers and acquisitions support with a total amount not exceeding 1 billion USD
Mars Finance News: On April 14, Botai Auto Connect announced on the Hong Kong Stock Exchange that Ping An Capital Limited (Ping An Capital) issued a strategic merger and acquisition support letter to the company on April 13, 2026, to indicate a preliminary intention to provide the company with support including but not limited to merger and acquisition funding, joint acquisitions, and project consulting. According to the strategic merger and acquisition support letter, over the next five years, Ping An Capital plans to provide a total of up to 1 billion US dollars in various forms of funding support for the company’s strategic layout in the industrial M&A field. (Company Announcement)