Announcement by the General Administration of Market Supervision on Approval of the Acquisition of shares of Doleys Group Public Limited Company by American Axle Manufacturing Holdings Limited with Attached Restrictive Conditions in the Anti-Monopoly Review Decision.

Upon review, American Car Bridge and Daolis are both engaged in the business of automobile power transmission units, rear drive modules, and differentials, which results in a horizontal overlap; the metal powder produced by Daolis is used as raw material by American Car Bridge for the production of connecting rods, actuator components, and guide rails, resulting in a vertical relationship; automobile power transmission units and rear drive modules are mainly used in the transmission systems of four-wheel drive fuel vehicles and often need to be used together, creating a complementary relationship; the transmission shafts and side shafts produced by Daolis, as well as the differentials produced by both parties, can be used in the transmission systems of various types of fuel-driven vehicles, maintaining a complementary relationship.