【BMW Brilliance New Joint Venture Contract Officially Comes into Effect Extended Validity to 2040】 Financial Associated Press Agency, February 11, BMW Group today announced that its new joint venture contract with BMW Brilliance in China has officially come into effect, and the validity period of the joint venture between BMW Group and its Chinese partners has been extended to 2040. According to the new joint venture contract, from February 11, 2022, the BMW Group's shareholding in BMW Brilliance will be changed to 75%, and the remaining 25% of the shares will be indirectly held by its partner Brilliance China Automotive Holding Co., Ltd. (Financial Associated Press reporter Kou Jiandong)
![BMW Brilliance's new joint venture contract comes into effect, bmw's shareholding rises to 75%[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)