Qianli Technology: Mercedes-Benz Digital Tech finalizes 3% share acquisition

Chongqing Qianli Technology Co., Ltd. announced on December 25, 2025, the completion of an agreed share transfer involving 135,633,002 shares. The shares, representing 3.00% of the company's total capital, were transferred from Chongqing Lifan Holdings Co., Ltd. to Mercedes-Benz Digital Technology (Shanghai) Co., Ltd. The transfer, priced at 9.87 yuan per share, settled outstanding debts of Lifan Holdings from a prior stock repurchase agreement, as stipulated by the company's restructuring plan.

The transaction, which gained compliance confirmation from the Shanghai Stock Exchange, was formally registered on December 23, 2025, as per the China Securities Depository and Clearing Corporation Limited. Post-transfer, Lifan Holdings' stake in Qianli Technology decreased from 13.68% to 10.68%, while Mercedes-Benz Digital Technology (Shanghai) Co., Ltd. now holds 3.00% of Qianli Technology's total shares.

Mercedes-Benz Digital Technology (Shanghai) Co., Ltd. has committed to a 12-month lock-up period, pledging not to reduce its holdings from the date of registration. The company confirms that this transfer will not alter the controlling shareholder or actual controller, nor will it impact the company's ongoing operations or governance structure.