Tianqi Automobile: Controlling shareholder intends to transfer 15.94% of shares, control will change.

Tianqi Automobile announced that on September 24, 2025, the company's controlling shareholder Hu Jinsheng and 8 others signed a share transfer agreement with Jianfa Fanyu, intending to transfer 161,779,192 shares of unrestricted tradable shares, accounting for 15.9367% of the total share capital. At the same time, Ren Wei committed to relinquishing 1.0085% of the voting rights for 36 months without triggering a tender offer. If the transaction is completed, Jianfa Fanyu will become the controlling shareholder, and the actual controller will become the Urumqi Economic Development Zone State-owned Assets Supervision and Administration Commission. Recently, the Shenzhen Stock Exchange has completed compliance verification, and the transfer parties will complete the share transfer registration as soon as possible.