Dongfeng Motor: China Chang'an Automobile Group Limited Company acquires 50.93% of the shares.

East Power announcement, China Chang'an Automobile Group Limited acquired 100% equity of Chen Zhi Automotive Technology Group Limited, thereby indirectly holding 50.93% of the company's shares. This acquisition does not involve cash payment or non-monetary asset consideration payment, and there is no situation of using the acquired shares to pledge financing from banks or other financial institutions. After the acquisition is completed, the actual controlling shareholder of the company remains the State-owned Assets Supervision and Administration Commission of the State Council, and China Chang'an Automobile becomes the indirect controlling shareholder of the company. The acquirer promises not to transfer the shares held within 18 months.