Lucky Motor ties up with China's GAC Group

April 01, 2026 (MLN): Lucky Motor Corporation Limited (LMC), a subsidiary of Lucky Cement Limited (PSX:LUCK) has entered into an exclusive partnership with GAC Group, a Fortune 500 company ranked #1 in the JD Power China Quality Survey, a significant milestone in the Pakistani automotive sector.

The strategic alliance, disclosed by parent company Lucky Cement Limited in accordance with Sections 96 and 131 of the Securities Act, 2015, is expected to strengthen LMC's existing vehicle lineup by adding GAC's globally reputable automobiles to its portfolio.

LMC, which currently manufactures, assembles, markets and distributes KIA and Peugeot branded vehicles, parts and accessories in Pakistan, will now expand its offerings through this new partnership.

The company also holds an agreement with Samsung Gulf Electronics Co., FZE for assembling Samsung branded mobile devices in the country.

The inclusion of GAC vehicles is aimed at reinforcing LMC's commitment to delivering cutting-edge automotive solutions, advanced technology, and exceptional value to Pakistani consumers.

Lucky Cement Limited, the parent entity, said the development aligns with its broader strategy of expanding its product and business portfolio.

The conglomerate operates across a wide range of sectors including local and international cement operations, automobiles, mobile phone assembly, chemicals, agricultural sciences, pharmaceuticals, energy, and copper and gold mining.

The aforementioned information was disseminated through a notification to Exchange.

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