February 23, 2018 / 9:48 AM / 6 months ago

BRIEF-Great Wall Motor Co ‍Enters Into Letter Of Intent With BMW​

Feb 23 (Reuters) - Great Wall Motor Co Ltd:

* ANNOUNCES ‍ENTERING INTO LETTER OF INTENT WITH BMW​

* ‍INVESTMENT SCALE, BUSINESS MODEL AND OTHER TERMS OF JOINT VENTURE HAVE NOT BEEN DETERMINED​

* CO & BMW PRELIMINARILY REACHED AN INTENT OF COOPERATION IN FIELD OF NEW ENERGY VEHICLES​

* ‍SIGNING OF LOI IS NOT EXPECTED TO AFFECT OPERATING RESULTS AND FINANCIAL POSITION OF COMPANY IN 2018​ Source text for Eikon: Further company coverage:

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