Globenewswire·2025-12-17 12:15Core Viewpoint - Token Cat Limited has announced a preliminary agreement with Autozi Internet Technology for a proposed equity investment of approximately US$100 million, with AZI intending to subscribe for newly issued shares at US$30 per share [1][2]. Group 1: Proposed Investment Details - Autozi Internet Technology plans to invest approximately US$100 million in Token Cat by subscribing to newly issued shares at a price of US$30 per share [2]. - The proposed subscription is expected to be conducted through a negotiated transaction, with final terms and conditions still subject to further negotiation and regulatory approvals [3]. Group 2: Strategic Implications - If the proposed transaction is successful, it is expected to strengthen Token Cat's capital base and provide additional resources for investments in automotive group buying channels, user operations, and digital marketing initiatives [4]. - The cooperation aims to explore potential synergies in automotive sales, after-sales services, and channel integration, leveraging AZI's industry experience and Token Cat's platform operations [5]. Group 3: Company Profiles - Token Cat Limited focuses on empowering automotive consumption and service scenarios through digital technologies and platform-based solutions, aiming to build an integrated internet platform for vehicle selection, purchasing, and after-sales services [7]. - Autozi Internet Technology is a leading company in automotive sales and after-sales services, with a business scope that includes vehicle sales, maintenance, financial services, and a global expansion strategy [8].