Tianqi Auto Model announced that the company plans to acquire 60% of Dongshi Automobile Technology Group Co., Ltd.'s shares through the issuance of shares and cash payment. Recently, the company received the “Decision on Centralized Anti-Monopoly Examination by Operators and Not Implementing Further Examination” issued by the State Administration of Market Supervision and Administration, and decided not to carry out further review of the company's acquisition of Dongshi Automobile's shares; centralization can be carried out from now on. The transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission.

Tianqi Auto Model announced that the company plans to acquire 60% of Dongshi Automobile Technology Group Co., Ltd.'s shares through the issuance of shares and cash payment. Recently, the company received the “Decision on Centralized Anti-Monopoly Examination by Operators and Not Implementing Further Examination” issued by the State Administration of Market Supervision and Administration, and decided not to carry out further review of the company's acquisition of Dongshi Automobile's shares; centralization can be carried out from now on. The transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission.