On the evening of May 30, Bohai Automobile unveiled its strategy to acquire significant stakes in various automotive entities through a combination of share issuance and cash payments. Specifically, the company aims to acquire a 51% interest in Beijing Hyundai-BHAP Auto Parts, another 51% in Langfang Adient, a full 100% ownership in Zhilian Technology, and a 50% stake in Leoni Wiring Systems – all of which are currently held by Beijing Hainachuan Automotive Parts Co., Ltd. Furthermore, Bohai Automobile intends to issue shares to no more than 35 eligible investors to secure additional funding in support of this transaction.

Given the magnitude of this deal, which is anticipated to qualify as a major asset restructuring and involve related-party transactions, Bohai Automobile's shares will be temporarily suspended from trading as of June 3, 2025. The expected duration of this suspension is not anticipated to exceed 10 trading days.