Quanfeng Automobile: the controlling shareholder and its concerted actors promise not to reduce their shares in the company

FIFA, May 15 / PRNewswire-FirstCall-Asianet /-- Quanfeng Automobile announcement, Quanfeng Precision, the company's controlling shareholder, and Quanfeng China Investment Holdings Company, which holds a total of 119 million restricted shares in the initial public offering, will be listed and circulated from May 22, 2023. Quanfeng Precision and Quanfeng China Investment commitment: not to reduce the above shares for 12 months from the date of lifting the ban on the sale of restricted shares in the initial public offering (May 22, 2023 to May 21, 2024).