Jianghuai Automobile: Plans to acquire some assets of NIO (Anhui) Co., Ltd.

★ Posted on 12-22,2024

On December 22, Jianghuai Automobile issued an announcement that it plans to acquire the project assets related to the construction-in-progress-equipment installation project held by NIO (Anhui) Co., Ltd. (including equipment, tooling assets, etc.). The expected transaction price is 1.704 billion yuan.

Based on the long-term strategic cooperative relationship established by JAC and Anhui NIO, in order to jointly promote new energy vehicle manufacturing cooperation, JAC plans to acquire the construction-in-progress-equipment installation project-related project assets held by Anhui NIO (including equipment, tooling assets, etc.). After auditing, the original book value of the subject matter of this transaction was 1,508,260,366.43 yuan (excluding tax), and the transaction price after evaluation was 1,704,347,431.72 yuan (including tax).

This asset acquisition will not affect the company's normal production and operations. If this transaction is successfully implemented, it will be conducive to continuing to deepen the strategic cooperation with NIO.

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