Sokon's subsidiary Seres Auto completes strategic investment and capital increase

Seres Auto has finalized the introduction of strategic investors and registered capital increase. The investors, including Industrial and Commercial Bank of China Financial Asset Investment, China Transportation Bank Financial Asset Investment, and Agricultural Bank of China Financial Asset Investment, invested an aggregate amount not exceeding CNY 5 billion into Seres Auto. Following the completion of the investment round, Sokon Industry Group remains the controlling shareholder of Seres Auto, with a 93.6328% stake. The investment aims to reinforce Seres Auto's capital base, facilitate strategic expansion, and reduce its asset-liability ratio, supporting its sustainable high-quality development.