On December 23, SAIC Motor made an announcement stating its intention to streamline the equity framework concerning its stake in IM Motors. Specifically, the company aims to transition from its current indirect holding of IM Motors' shares, facilitated through the Yuanjie Fund, to a direct ownership arrangement. According to the plan, the Yuanjie Fund will execute a targeted physical distribution (a term commonly used in financial contexts to denote the transfer of assets in their physical form rather than in cash) of its registered capital in IM Motors, amounting to RMB 5.399 billion, directly to SAIC Motor.

Following this distribution, SAIC Motor will emerge as the new equity owner, without incurring any financial obligation or payment. Post-transaction, the Yuanjie Fund's capital contribution will be adjusted downward to RMB 1.801 billion. Importantly, this strategic move ensures that SAIC Motor's proportionate shareholding in IM Motors remains unaltered, preserving its existing influence and stake within the company.