Bohai Automobile: The transfer of assets related to the share issuance for asset purchase has been completed.

Bohai Automobile announced that the company plans to acquire 51% equity of BAIC Molded Plastics, 51% equity of Langfang Andao Tuo, and 50% equity of Langfang Linyi Wiring Harness from the counterparty through the issuance of shares and cash payment, while also raising supporting funds. Currently, the transfer procedures for the target assets have been completed. Subsequently, the company still needs to pay the transaction price, complete the fundraising, handle the registration and listing of the newly issued shares, and the relevant change registration/filing procedures. All parties need to determine the allocation of profits and losses during the transition period and continue to fulfill related agreements, commitments, and information disclosure obligations. Independent financial and legal advisors believe that the transaction implementation process is compliant and that there are no substantial legal barriers to handling subsequent matters.