[GAC Group: Plans to increase investment in Chenzhi Technology by 550 million yuan] According to Jinshi Data on October 10, GAC Group announced that the 70th meeting of the 6th Board of Directors reviewed and approved a number of proposals. Mainly including: adjusting the price of the equity incentive plan, adjusting the exercise price of stock options to 9.19 yuan/share, adjusting the repurchase price of restricted stocks to 4.2 yuan/share, and canceling some stock options and restricted stocks that did not meet performance conditions, involving approximately 23.9686 million shares and 26.0484 million shares. In addition, the company's wholly-owned subsidiary GAC Auto Parts Co., Ltd. plans to increase investment in Chenzhi Technology by no more than 550 million yuan and acquire a 30% stake; GAC Capital Co., Ltd. will invest 27 million US dollars in Pony.ai. All proposals were passed unanimously. (Reprinted from: Jinshi Data)