Dong'an Power: Indirect controlling shareholder changed to Chinese Changan Automobile.

Dong'an Power announced on July 29th that, with the approval of the State Council, the China North Industries Group Corporation Limited (Norinco) has implemented a separation into two entities, namely the China North Industries Group and Changan Automobile Group. Prior to the separation, the full ownership of Chenzhi Group by the China North Industries Group has been transferred to Changan Automobile. Following this acquisition, Changan Automobile indirectly holds 238 million shares of Dong'an Power, accounting for 50.93% of its total share capital, making it an indirect controlling shareholder of Dong'an Power. The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) remains the actual controlling shareholder of Dong'an Power.