Bohai Automobile: Intends to purchase equity in Beiqi Modelling and other companies, with the stock to be suspended for a maximum of 10 trading days.
Bohai Automobile Announcement: The company plans to purchase 51% of the equity of Beijing Beiqi Model Technology Co., Ltd. held by Beijing Haina Chuan Auto Parts Co., Ltd. through the issuance of shares and payment of cash, 51% of the equity of Haina Chuan Andaotuo Seat Co., Ltd., 100% of the equity of Yinentech Co., Ltd., and 50% of the equity of Langfang Laini Wiring Harness Systems Co., Ltd., and to issue shares to raise supporting funds to no more than 35 specific entities. This transaction is expected to constitute a significant asset restructuring and constitute a related party transaction. The company's stock will be suspended from trading starting on June 3, 2025, and the suspension is expected to last no more than 10 trading days.
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