China Automobile Research announced that the controlling shareholder, China Inspection and Certification Co., Ltd. plans to use its own funds to increase its A-share holdings through centralized bidding through the Shanghai Stock Exchange system. The amount is not less than RMB 60 million and not higher than RMB 120 million. The implementation period is within 6 months from the date of the announcement of the increase in holdings plan. Prior to this increase in holdings, CCIC held 535 million shares of the company, accounting for 53.33% of the total share capital.

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