Xi'an Huayou Xingke Technology Development Co., Ltd. agreed to acquire 51% stake in Shaanxi Changqing Special Use Car Manufacturing Co., Ltd. from Shenyang Jinbei Automotive Company Limited (SHSE:600609) for CNY 4.31 million on November 20, 2023. Shaanxi Changqing Special Use Car Manufacturing Co., Ltd. reported total assets of CNY 56.28 million, net assets of -5.98 million, operating revenue of CNY 26.98 million, and net profit of CNY -6.52 million on December 31, 2022. Shenyang Jinbei Automotive Company Limited board of directors approved the transaction.