Lantu Motors is pushing forward its Hong Kong stock market listing plan and has completed its shareholding reform and capital increase.

On September 15th, Lantu Auto Technology Co., Ltd. completed its industrial and commercial registration changes, changing its corporate name to Lantu Auto Technology Co., Ltd., changing its market entity type from other limited liability companies to other joint stock companies (non-listed), and increasing its registered capital. These changes are seen as key steps in Lantu Auto's Hong Kong stock market listing plans. You Zheng stepped down as legal representative and chairman, replaced by Lu Fang. Several other senior management positions were also reshuffled.