According to the contents of the announcement, in order to speed up the strategic deployment of the company in the field of new energy automobile manufacturing and enhance the company's core competitiveness and sustainable development ability, the company plans to invest no more than 400 million yuan to participate in the Zhi Dou automobile reorganization and the change procedures of the reorganization plan.
On March 2, 2022, Yi Yin Co., Ltd. signed a memorandum with the manager of Zhi Dou Automobile, that is, the company intends to be a new restructuring investor of Zhi Dou Automobile and obtain the actual control and independent management right of Zhi Dou Automobile, so that Zhi Dou Automobile can be regenerated; At the same time, the company will pay RMB 40 million within 3 working days after the signing of this memorandum.