Keli Motor Group (002892.SZ) terminates strategic cooperation agreement with subsidiary and professional investment institution.

Keli Motor Group (002892.SZ) announced that its wholly-owned subsidiary, Shenzhen Pengrui Investment and Development Co., Ltd. (referred to as "the subsidiary"), had signed a "Strategic Cooperation Agreement" with Shenzhen Ruiye Digital Private Equity Fund Management Co., Ltd. (formerly known as Shenzhen Ruiye Digital Asset Management Co., Ltd.) (referred to as "Ruiye Digital"). The two parties intended to jointly establish a private equity fund platform focused on the motor industry through diverse channels and resource integration. Due to objective reasons leading to changes in the conditions for establishing the partnership enterprise fund, in order to safeguard the interests of the company and all shareholders, the parties have actively engaged in multiple rounds of negotiations and explored solutions together. However, due to various factors such as changes in the market environment, adjustments in the actual circumstances of the cooperating parties and related parties, based on the principle of prudent use of funds and reducing investment risks, the two parties have reached a consensus through consultation and decided to terminate this agreement.