• Blueport entered a business combination agreement with SingAuto to take SingAuto public via a newly formed holding company to be listed on Nasdaq.
• SingAuto shareholders are set to receive about 120,000,000 ordinary shares valued at USD 10 per share, implying merger consideration of USD 1.2 billion.
• SingAuto develops green cold-chain logistics technology for smart commercial electric vehicles, including its S1 refrigerated commercial vehicle.
• Closing is targeted by end-2026, subject to regulatory and shareholder approvals.
• SingAuto CEO Yuqiang Liu is expected to lead the combined company post-closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blueport Acquisition Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605011637PRIMZONEFULLFEED9711721) on May 01, 2026, and is solely responsible for the information contained therein.