The Historical Evolution of Huayu Automobile System Co., Ltd.

Shanghai Bus Industry (Group) Co., Ltd. (hereinafter referred to as "the company") was approved by the Shanghai Municipal Construction Committee (Hu Jian Jing (92) No.65438 +00 1 1 No.5) and the Financial Management Office of Shanghai Branch of China People's Bank. On March 13, 2006, the relevant shareholders' meeting resolution was passed, and the consideration paid by the non-tradable shareholders of the company to the tradable shareholders of the company was: for every 10 shares held by the tradable shareholders, they were given 3 shares. After the implementation of the above consideration, the total number of shares of the company remains unchanged and the share structure changes accordingly. As of June 5438+February 3, 2007, the total share capital was 122, 7 135400 shares, of which: 28 1763500 shares were restricted shares, accounting for 22.96% of the total shares; The unrestricted shares are 945,376,438+09,000 shares, accounting for 77.04% of the total shares.