GAC Group: Planning a major asset restructuring, A-shares suspended.

GAC Group announced that the company and FAW Share signed a Letter of Intent on September 14, 2026, planning to acquire part of the equity of a certain vehicle joint venture held by FAW Share through the issuance of shares, and to raise supporting funds. This transaction is expected to constitute a major asset restructuring and a related-party transaction, will not constitute a change in the actual controller, and will not constitute a restructuring listing. After the transaction is completed, FAW Share will become the company's second-largest strategic shareholder. The company's A-shares will be suspended from trading starting from the market open on September 14, 2026, with the suspension expected to last no more than 10 trading days. This transaction is still in the planning stage and is subject to uncertainty.