Xiamen Cinda announced that the company and its wholly-owned subsidiary intend to sell the car dealership business to a wholly-owned subsidiary of Zhengtong Automobile. The specific transactions are: the company sold 100% of its shares in Cinda Guomao Motor at a price of 793 million yuan; the wholly-owned subsidiary Cindano Hong Kong sold 90% of its shares in Guomao Thai Automobile at a price of 1992,1400 yuan; and the wholly-owned subsidiary Singapore Cinda Resources sold 10% of its shares in Guomao Thai Automobile at a price of 2,213,500 yuan. After the transaction is completed, Cinda Guomao Auto and Guomao Thai Auto will no longer be included in the scope of the company's consolidated statements. This transaction constitutes a related transaction and still needs to be submitted to the company's shareholders' meeting for review.

Xiamen Cinda announced that the company and its wholly-owned subsidiary intend to sell the car dealership business to a wholly-owned subsidiary of Zhengtong Automobile. The specific transactions are: the company sold 100% of its shares in Cinda Guomao Motor at a price of 793 million yuan; the wholly-owned subsidiary Cindano Hong Kong sold 90% of its shares in Guomao Thai Automobile at a price of 1992,1400 yuan; and the wholly-owned subsidiary Singapore Cinda Resources sold 10% of its shares in Guomao Thai Automobile at a price of 2,213,500 yuan. After the transaction is completed, Cinda Guomao Auto and Guomao Thai Auto will no longer be included in the scope of the company's consolidated statements. This transaction constitutes a related transaction and still needs to be submitted to the company's shareholders' meeting for review.