Yutong Bus announced that Hong Kong Shengyu International Co., Ltd., a wholly-owned subsidiary of the company, plans to subscribe for Lochpine Green Fund I, LP fund shares with its own or self-raised capital from overseas with 100 million US dollars as a limited partner. The fund is managed by Lochpine Capital Limited, with a target size of 1.5 billion US dollars and a basic lifetime of 10 years. It mainly focuses on upstream and downstream and cutting-edge technology investments in carbon neutrality, covering new lithium battery materials, green transportation, and electrification upgrades. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the company's board of directors or shareholders' meeting for consideration.

Yutong Bus announced that Hong Kong Shengyu International Co., Ltd., a wholly-owned subsidiary of the company, plans to subscribe for Lochpine Green Fund I, LP fund shares with its own or self-raised capital from overseas with 100 million US dollars as a limited partner. The fund is managed by Lochpine Capital Limited, with a target size of 1.5 billion US dollars and a basic lifetime of 10 years. It mainly focuses on upstream and downstream and cutting-edge technology investments in carbon neutrality, covering new lithium battery materials, green transportation, and electrification upgrades. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the company's board of directors or shareholders' meeting for consideration.