Changan Automobile: Indirect controlling shareholder intends to provide 900 million yuan in entrusted loans.

Changan Automobile announced that its indirectly controlling shareholder, Changan China, intends to provide a 900 million yuan entrusted loan to the company through the Industrial and Commercial Bank of China for projects such as the construction of the National Key Laboratory of Intelligent Car Safety Technology. The loan has a term of 24 months, with an interest rate determined by the pricing benchmark plus a spread of -81 basis points. The proposal has been approved by the board of directors, with related directors abstaining from voting. This transaction constitutes a related party transaction, does not constitute a major asset restructuring, is in line with market principles, and will provide financial support for the company's project construction and operation.