Lao Feng Xiang Company Limited has terminated its investment in Maybach Luxury Goods Asia Pacific (MAP). Instead, a subsidiary of Lao Feng Xiang will sign a brand agency agreement with Maybach Trading (Shanghai) Co., Ltd. This shifts the collaboration from equity investment to brand agency, narrowing the business scope from the Asia-Pacific region to solely the Chinese market. AI
RANK_REASON This is a business partnership change for a luxury brand, not a core AI development or release.
- China
- Lao Feng Xiang Company Limited
- Lao Feng Xiang Hong Kong Company
- Lao Feng Xiang Zhenpin Trading Co., Ltd.
- Maybach
- Maybach Luxury Goods Asia Pacific
- Maybach Trading (Shanghai) Co., Ltd.
- Shanghai
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