Aotecar New Energy Technology Co.Ltd(002239) : Announcement on the termination of planning control change by the actual controller and the resumption of trading of the company’s shares

Aotecar New Energy Technology Co.Ltd(002239)

Securities abbreviation: Aotecar New Energy Technology Co.Ltd(002239) securities code: 002239 Announcement No.: 2022-010

Aotecar New Energy Technology Co.Ltd(002239)

About the actual controller’s termination of planning and change of control

Announcement on resumption of trading of the company’s shares

The company and all members of the board of directors guarantee that the contents of this information disclosure are true, accurate and complete,

There are no false records, misleading statements or major omissions.

Special tips:

1. The actual controller of the company decides to terminate the planning of the change of control;

2. The trading of the company’s shares will resume from February 18.

1、 Introduction to the background of suspension

On February 14, the company received a notice from the actual controller, Mr. Zhang Yongming, that it was planning the transfer of the company’s control right with the controlling shareholder of the company and China Chongqing Changan Automobile Company Limited(000625) Group Co., Ltd. (hereinafter referred to as the counterparty). Upon application, the trading of the company’s shares will be suspended for two trading days from the opening of the market on February 15 (Tuesday), and will continue to be suspended for no more than three trading days from February 17. For details, please refer to the relevant announcements disclosed by the company on February 15 and February 17.

2、 Terminate planning for change of control and resume trading

The company received a notice from Mr. Zhang Yongming on February 17, saying that due to the failure to reach an agreement with the counterparty on the specific conditions of the transfer of control, Mr. Zhang Yongming decided to terminate the planning of matters related to the change of control.

According to relevant rules, upon application to Shenzhen Stock Exchange, the trading of the company’s shares (stock abbreviation: Aotecar New Energy Technology Co.Ltd(002239) , stock code: 002239) will resume from the opening of the market on Friday, February 18, 2022.

The actual controller’s termination of planning for the change of control will not affect the future development of the company

Aotecar New Energy Technology Co.Ltd(002239)

Adverse impact on strategy, business planning and production and operation. The company will continue to operate steadily and achieve sustainable development in accordance with the established development strategy.

Please pay attention to investment risks and invest prudently.

It is hereby announced.

Aotecar New Energy Technology Co.Ltd(002239) board of directors

February 18, 2022

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