Cyrus: Plans to invest in Huawei Auto BU new company

A few days ago , Sailis Group Co., Ltd. announced that it plans to invest in Shenzhen Yinwang Intelligent Technology Co., Ltd. The specific investment amount, transaction method, and transaction price shall be subject to the final transaction documents signed by both parties.

If this transaction is completed, Yinwang will become a shareholding subsidiary of the company, and the scope of the company's consolidated statements will not change. At the same time, this transaction is not expected to constitute a related transaction, nor is it expected to constitute a restructuring and listing, nor will it lead to a change in the control of the listed company.

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Editor in charge: Wu Haotian