Botai Auto Federation announced on September 8 that the company entered into a placement agreement with the placement agent. According to this, the placement agent conditionally and individually agreed to act as the company's placement agent to do its best to induce no less than six undertakers to subscribe for up to 4,888,960 new H shares at a placement price of HK$120.28 per share. The placement price was HK$120.28 per share, equivalent to a discount of approximately 14.39% from the closing price of HK$140.50 per share quoted on the Hong Kong Stock Exchange on September 7, 2026. The total proceeds from the placement are expected to be approximately HK$588 million. The net proceeds from the placement are expected to be approximately HK$578 million. On this basis, the net price of each placed share is approximately HK$118.30.

Botai Auto Federation announced on September 8 that the company entered into a placement agreement with the placement agent. According to this, the placement agent conditionally and individually agreed to act as the company's placement agent to do its best to induce no less than six undertakers to subscribe for up to 4,888,960 new H shares at a placement price of HK$120.28 per share. The placement price was HK$120.28 per share, equivalent to a discount of approximately 14.39% from the closing price of HK$140.50 per share quoted on the Hong Kong Stock Exchange on September 7, 2026. The total proceeds from the placement are expected to be approximately HK$588 million. The net proceeds from the placement are expected to be approximately HK$578 million. On this basis, the net price of each placed share is approximately HK$118.30.