AUTOZI INTERNET T.G. CL.A

Autozi signed a five-year cooperation agreement with the Special Purpose Vehicle (SPV) Chamber of Commerce in Hubei Suizhou to drive the transformation of the local vehicle manufacturing hub. The goal is to increase the combined annual revenue of ten selected manufacturers from about USD 500 million to more than USD 2 billion; implementation will proceed in two phases, focusing first on vertical integration (capital measures, M&A) and then on horizontal cooperation (procurement, marketing, after-sales service, digital platforms). Despite financial challenges, Autozi is pursuing growth opportunities: over the past 12 months the company reported revenues of USD 156.47 million (+32.9% YoY) with very low gross margins of 1.6%, indicating substantial operational risks in scaling. » More on de.investing.com

CDIB confirms an equity investment of $90 million in Autozi at $3.50 per share, representing a significant premium to the current price of $1.52. The financing is intended to support Autozi’s digitization of the automotive aftermarket, international expansion and potential M&A, but remains subject to closing conditions and regulatory approval. Autozi reports severe liquidity problems (current ratio 0.46) and very low gross margins (1.6%). In parallel, there is a non‑binding offer from CDIB for up to $300 million at $5.00 per share, an MOU for procurement transactions totaling about $980 million, and the official launch of a cross‑border supply‑chain platform in Europe. » More on de.investing.com