Hanma Technology Group Co.,Ltd. (SHSE:600375) agreed to acquire Nanchong Geely New Energy Commercial Vehicle Development Co., Ltd. from Geely Sichuan Commercial Vehicle Co., Ltd. on May 16, 2023. Under the terms, CNY 5.86 per cash will be paid. For the period April 2023, Nanchong Geely New Energy had CNY 1119.3031 million of total assets. Transaction is approved by Hanma Technology Group's board and is subject to approval of shareholders, Shanghai Stock Exchange and reported to the China Securities Regulatory Commission for a registration decision.

Hanma Technology Group Co.,Ltd. (SHSE:600375) cancelled the acquisition of Nanchong Geely New Energy Commercial Vehicle Development Co., Ltd. from Geely Sichuan Commercial Vehicle Co., Ltd. on September 15, 2023.