On December 24, SAIC Motor released an announcement detailing significant alterations within the Shanghai Yuanjie Intelligent Technology Equity Investment Fund Partnership (Limited Partnership), a fund in which it played a role in establishing. The key points are outlined below: SAIC Motor will shift its equity stake in IM Motors Technology Co., Ltd.—previously held indirectly via the Yuanjie Fund—to direct ownership. The Yuanjie Fund will conduct a specific in-kind distribution of its registered capital in IM Motors, totaling RMB 5.399 billion, to SAIC Motor, with the reference date for this distribution set as January 31, 2025. Following these changes, SAIC Motor will exit the Yuanjie Fund, while its shareholding ratio in IM Motors remains unchanged. The Yuanjie Fund's total subscribed capital contribution will drop from RMB 7.2 billion to RMB 1.801 billion. Shanghai Zhangjiang Haoke Technology Development Co., Ltd. will step in as the new general partner, and Shanghai Zhangjiang Haocheng Venture Capital Co., Ltd. is slated to be appointed as the fund's new manager. SAIC Motor emphasized that these adjustments will have no bearing on the company's regular business operations or financial standing.