Shanzi Hi-Tech (000981.SZ) clarifies that it did not directly or indirectly participate in Nacha Auto's bankruptcy and restructuring investment through a controlling entity

According to Zhitong Finance App News, Shanzi Hi-Tech (000981.SZ) issued a clarification notice on media reports, stating that the company recently paid attention to relevant media reports that “Taiyi Shenglian plans to invest 3 billion yuan to buy Nacha Auto” and other matters. After learning about it, the company attached great importance to it. In order to prevent the relevant information from misleading investors, the relevant situation was verified and now clarified.

There is no equity control relationship between the company and Zhejiang Taiyi Shenglian Enterprise Management Partnership (limited partnership) (“Taiyi Shenglian”), and the company did not directly or indirectly participate in Nacha Motor's bankruptcy and restructuring investment through the controlling entity. The controlling shareholder of the company plans to participate in the bankruptcy and restructuring investment of Nacha Auto through its controlling entity, and there is great uncertainty about whether it can complete the relevant procedures and pass the approval.