Faway shares: Controlling subsidiary purchases 100% equity of Faway Adient Metal Parts

Faway shares announcement: The company's controlled subsidiary, Faway Adient, intends to purchase 50% equity interests each in Faway Adient Metal Parts held by the company and Adient Asia, with a total transaction amount of 318 million yuan. After the completion of this equity transfer transaction, Faway Adient Metal Parts will become a wholly owned subsidiary of Faway Adient, and Faway Adient Metal Parts will become a controlled grandchild company within the scope of the company's consolidated financial statements. This transaction aims to achieve the integrated consolidation of seat technology, business, and strategy, and to build a complete industrial closed loop.