According to the announcement from CTFO (002373.SZ), in light of the deep business synergy between the company and the Internet of Vehicles Fund, and to seize the rapid development opportunities in the intelligent connected vehicle industry and expand growth paths, the company plans to acquire 20% of the partnership interest held by the Beijing Economic and Information Technology Bureau's Industrial Development Promotion Center (formerly the Beijing Industrial and Information Technology Industry Development Service Center) (hereinafter referred to as the "Transferor") for CNY 119.8 million. This corresponds to the Transferor's CNY 115.64 million paid-in capital and CNY 49.56 million unpaid capital in the fund. Upon completion of the acquisition, the company will hold a total of 39.98% of the partnership interest in the Internet of Vehicles Fund and will assume the Transferor's obligation for the unpaid capital of CNY 49.56 million.

This transaction is an important measure in the company's strategic layout in the intelligent connected field, aiming to further deepen strategic collaboration with the Internet of Vehicles Fund in areas such as intelligent connectivity and autonomous driving, and to fully leverage the resource advantages of both parties in technological innovation and market expansion. The Internet of Vehicles Fund focuses on key technologies and leading enterprises in intelligent connectivity and the Internet of Vehicles, and its investment direction is highly aligned with the company's core business. This not only provides important support for the company to expand upstream and downstream resources and accelerate ecological layout but also enhances the company's influence in the industry