Plastic molding technology has given up the priority purchase right of 51% equity of BAIC Molding.

On September 22, 2025, the 12th meeting of the board of directors of Jiangnan Mold Technology Co., Ltd. approved the proposal to abandon the priority purchase right of 51% equity of Beijing Automotive Molding Co., Ltd., a subsidiary company. Beijing Haina Chuan intends to transfer all its 51% equity of Beijing Automotive Molding to its controlling subsidiary Bohai Automobile. Mold technology holds 49% equity of Beijing Automotive Molding, and after abandoning the priority purchase right, the shareholding ratio remains unchanged, and there is no change in the scope of the company's consolidated financial statements. This transaction does not constitute a related party transaction or a major asset restructuring, and will not have a significant impact on the company's ongoing operations, profits, or asset condition. Both parties will take the opportunity to consolidate their cooperation during the extended operating period.