Mercedes-Benz Digital Technology completes equity transfer of Qianli Technology, becoming its fifth largest shareholder.

On December 24, Qianli Technology issued an announcement stating that Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. had completed the equity transfer registration and officially became its fifth largest shareholder. In this transaction, Mercedes-Benz Digital Technology acquired 136 million shares of Qianli Technology held by Lifan Holdings through an agreement transfer at a price of RMB 9.87 per share, accounting for 3% of the company's total share capital.