Tianqi Mold: Hu Jinsheng and 8 other concerted parties plan to reduce their holdings of 162 million shares.

Tianqi Automobile Model announcement, Hu Jinsheng and 8 other concerted actors intend to transfer their 162 million shares of the company to Xinjiang Jianfa Fanyu Industrial Investment Fund Limited Partnership by way of agreement. At the same time, Ren Wei will waive the voting rights corresponding to the remaining shares of the listed company after this transaction. After this change in equity, Jianfa Fanyu will become the controlling shareholder of the company, and the Urumqi Economic and Technological Development Zone State-owned Assets Supervision and Administration Commission will become the actual controller of the company. The total consideration for the share transfer this time is RMB 1.03 billion.