According to the Tianyancha App, recently, BMW Brilliance Automobile Co., Ltd. has undergone industrial and commercial changes, and the legal representative and chairman of the board have been changed from Wu Xiaoan to Nicholas Peter, and Wu Xiaoan is currently serving as vice chairman. In addition, the shareholding ratio of the company's shareholder BMW (Netherlands) Holding Company was changed from 50% to 75%, and the equity ratio of Shenyang Jinbei Automobile Industry Holding Co., Ltd. was changed from 50% to 25%.
BMW Brilliance Automobile Co., Ltd. was established in May 2003 with a registered capital of 150 million euros, and its business scope includes the production of BMW and Zhinuo passenger cars. A few days ago, BMW Group released news that since February 11, BMW Brilliance has extended the new joint venture contract to 2040. Under the new contract, the BMW Group's stake was changed to 75%.
