Jianghuai Automobile announced that the company intends to transfer 94229418 shares of Ankai bus (12.85% of the total share capital of Ankai bus) to CRIC, and Anhui Province intends to transfer 61992602 shares of Ankai bus (accounting for 8.45% of the total share capital of Ankai bus) to CIC. In order to achieve the above goals, the above-mentioned parties and Ankai bus have made their best efforts, but due to the epidemic situation, the implementation of internal decision-making procedures and other factors, the specific mode of cooperation between the parties has not yet been determined, and it is no longer possible to complete the signing of the final transaction agreement on December 31, 2020. In order to protect the interests of listed companies, shareholders and investors of listed companies, and to maintain the effectiveness of the supervision and management of state-owned assets, the above-mentioned parties will no longer sign a supplementary agreement on the extension of the letter of intent.