Bohai Automobile: Adjusting the transaction plan does not constitute a significant adjustment to the restructuring plan

date
03/07/2026
Bohai Automobile announced that the company plans to acquire 51% of the shares of Beiqi Molding held by Haina Chuan through the issuance of shares and payment of cash, as well as 51% of the shares of Langfang Andway and 50% of the shares of Langfang Laini Wiring Harness, while also raising funds. On July 3, the company held a board meeting to review the adjustment plan, adjusting the cash payment method and adding a mechanism for compensating accounts receivable collections. According to the verification by the independent financial advisor CITIC Securities, this adjustment of the restructuring plan does not constitute a significant adjustment. With authorization from the company's fourth extraordinary general meeting of shareholders in 2025, the relevant proposal for this adjustment will take effect after being approved by the board of directors, without the need for further approval by the general meeting of shareholders.