DeZhong Auto announced that Hunan Jinrui New Energy Technology Co., Ltd., a second-tier subsidiary of the company, purchased equipment, products and services required for the fire section from Hunan Hongke Intelligent Equipment Co., Ltd., with a transaction amount of 49.907 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The ownership of the assets subject to the transaction is clear, and there are no collateral, pledges or any other restrictions on transfer. The transaction price is fair and reasonable, and there are no circumstances that harm the legitimate interests of the company or shareholders. This transaction is beneficial to the long-term development of the company and will not adversely affect the company's daily operations and financial situation.

DeZhong Auto announced that Hunan Jinrui New Energy Technology Co., Ltd., a second-tier subsidiary of the company, purchased equipment, products and services required for the fire section from Hunan Hongke Intelligent Equipment Co., Ltd., with a transaction amount of 49.907 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The ownership of the assets subject to the transaction is clear, and there are no collateral, pledges or any other restrictions on transfer. The transaction price is fair and reasonable, and there are no circumstances that harm the legitimate interests of the company or shareholders. This transaction is beneficial to the long-term development of the company and will not adversely affect the company's daily operations and financial situation.