Tianjin Motor Dies issued an announcement on the abnormal fluctuations in the trading of company stocks. On July 10, 2024, the company disclosed that the controlling shareholder of the company has signed an 'Intention Agreement for Share Transfer' with Anhui Chao Cheng New Materials Technology Co., Ltd. Anhui Chao Cheng New Materials and/or designated third parties intend to acquire a total of 161,779,192 shares of the company's controlling shareholder, representing 17.17% of the total share capital of the company. After the transfer, Anhui Chao Cheng New Materials and/or designated third parties will become the controlling shareholder of the company, leading to a change in the actual controller of the company. This signed agreement is only a preliminary agreement for share transfer, and there is still uncertainty whether the formal agreement can be signed.