CIMC World Alliance, a subsidiary of CIMC Group (02039), plans to introduce strategic investors through capital increases and stock expansion and the transfer of a small number of old shares

Zhitong Finance App News, CIMC Group (02039) issued an announcement. The company learned that CIMC World Link (that is, the target company), a subsidiary of the Company, plans to introduce strategic investors by increasing capital and expanding shares and transferring a small amount of old shares. On December 31, 2025, after deliberation and approval at the 17th meeting of the 11th Board of Directors in 2025, the Company signed a “Shareholder Agreement” and “Investment Agreement” with CIMC World Link, existing shareholders and new shareholders, and jointly agreed to introduce CIMC World Link for investment.

CIMC World Link also plans to use cash to acquire shares of Changjiang Company and Asia League Company held by minority shareholders of its two important subsidiaries, Changjiang Company and Asian League, and minority shareholders of Changjiang and Asia League will use cash to subscribe to CIMC Worldlink's additional shares (subsidiary minority shareholders' shares are reversed) in cash according to the valuation price of this transaction.

After the transaction is completed, the Group's shareholding ratio in CIMC World Link will be reduced from 62.70% to 45.04%. In order to ensure that the Group continues to consolidate CIMC World Link after this transaction, on December 31, 2025, the Company signed a “Shareholders' Concerted Action Agreement” with CIMC World Link's management shareholding platform, JiZhi Co-Creation and Cluster (holding 8.22% and 1.89% of CIMC Worldlink's shares respectively after the transaction was completed).

Necessity of this transaction: CIMC World Link is at a critical stage of business upgrading and development. In order to support the implementation of CIMC World Link's strategy, further expand its business scale and enhance profitability, CIMC World Link plans to increase capital and introduce more strategic investors with high-quality resources to expand capital to help it achieve high-quality and sustainable development. In the future, with the expansion of financing channels, CIMC World Link can promote the consolidation of its market position, increase its market share and profitability, and at the same time help maximize the value of the Group's shareholders.

The redemption of minority shareholders' shares in CIMC World Link subsidiaries still requires a separate assessment of the equity value of such subsidiaries, and the Company will promptly fulfill the relevant information disclosure obligations in the future.