Ge Weidong subscribed to Jianghuai Auto's 1 billion yuan non-public offering shares.

On the evening of February 10, Jianghuai Automobile disclosed the report on the issuance of additional shares, and the company issued a total of 70.1684 million shares to 8 investors including Yao Zhichao and Ge Weidong, at a price of 49.88 yuan per share, raising a total of approximately 3.5 billion yuan. Among them, the private equity tycoon Ge Weidong subscribed for 200.481 million shares with an investment of approximately 1 billion yuan. After the issuance of shares to specific parties this time, the shares subscribed by the issuance objects shall not be transferred within six months from the end of the issuance.