According to Guizhou Tire's announcement, Guiyang Industrial Holdings sold 17.3471% of the shares of Guiyang Industrial Investment, the controlling shareholder of the company, to the Provincial Production and Development Company. The change in the shareholding structure has been completed, and Guiyang Industrial Investment has registered the industrial and commercial change and obtained a new business license. This matter does not involve changes in the number and proportion of the company's shares held by the controlling shareholders, nor does it involve changes in the company's controlling shareholders, indirect controlling shareholders, and actual controllers, and will not affect the company's production and operation.

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