CIMC Group announced that the company has reviewed and approved a change in the use of A-share repurchase shares approved in November 2023, from using all of the original plans for sale to cancellation and reduction of registered capital. The number of shares cancelled is 24.6455,000. After the cancellation is completed, the total share capital and registered capital of the company will be reduced accordingly. The company has notified creditors of this capital reduction. Creditors can request the company to settle debts or provide corresponding guarantees within the specified period with valid claim documents. Failure to exercise rights after the due date will not affect the validity of the claim, and the cancellation of this repurchase will continue to be implemented in accordance with legal procedures.

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