Ge Long Hui A P P·2026-02-13 09:14Core Viewpoint - The company plans to conduct an asset swap with Longxin General to address competition issues and enhance long-term core competitiveness [1][2] Group 1: Asset Swap Details - The assets to be swapped include Longxin General's general machinery-related assets and liabilities, primarily the equity of Chongqing New Longxin Electromechanical Co., Ltd. [1] - The company will exchange these for its motorcycle engine-related assets and liabilities, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd. [1] - The price difference in the asset swap will be compensated in cash, and the transaction will not involve issuing shares [1] Group 2: Transaction Characteristics - The transaction constitutes a related party transaction as Longxin General is controlled by the company's actual controller, Mr. Zuo Zongshen [2] - It is expected to qualify as a major asset restructuring under the regulations of the Major Asset Restructuring Management Measures for Listed Companies [2] - The specific swap price will be determined based on the assessed value of the assets involved, and the company will engage independent advisors for due diligence [2]