The Relationship between Admiralty Automobile Trade and Dhaka

Admiralty Auto Trade is the controlling shareholder of Dakar. Affected by factors such as falling car rental price, rising financing cost and increasing profit pressure, Guangdong Lions New Energy Technology Co., Ltd. announced that it intends to transfer 80% equity of Zhengzhou Dakar Car Rental Co., Ltd. (hereinafter referred to as Zhengzhou Dakar) to Admiralty Automobile Trading Service Co., Ltd. (hereinafter referred to as Admiralty Automobile Trade) at a benchmark price of 259 million yuan. After the transaction is completed, Lions Technology will hold 0/0% equity of Zhengzhou Dakar/KLOC, and Admiralty Automobile Trade will hold 0% equity. So the relationship between Admiralty Auto Trade and Dakar is that Admiralty Auto Trade is the controlling shareholder of Dakar.

Admiralty Auto Trade was established in 1997 with a registered capital of 700 million yuan, and SINOMACH holds 53% of the shares. Zhengzhou Dakar was established in 2006 with a registered capital of 65.438+0.7 billion yuan, of which Guangdong Montessori New Energy Technology Co., Ltd. holds 90% and Fan Wei holds 65.438+0%.