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CH Auto Inc. is a high-tech automotive industrial organization with revolutionary innovative technology. Founded in 2003, the majority-owned subsidiary, CH Auto Technology Corporation Ltd., focuses on electric vehicle manufacturing and design services in China. The company has developed advanced mechanical architecture and lightweight alloy materials, positioning itself as a leader in the field of new energy vehicles. CH Auto's vision is to become a globally integrated multinational enterprise with an international perspective, targeting global markets, including the United States. The company's recent merger with Mountain Crest IV sets the stage for its globalization strategy, aiming to deliver innovation and growth in electric mobility.

03/30/2024 10:29 PM

News

CH Auto Technology Corporation Ltd. Completes Business Combination

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CH Auto Technology and Mountain Crest Acquisition Corp. IV announced the closing of their business combination transaction, making CH Auto the owner of 71.2184% of the voting rights of CHATC. Following the merger, MCAF's Common Stock will cease trading on Nasdaq. CH Auto filed an application with the CSRC to list its Class A ordinary shares on a US exchange, aiming for Nasdaq. The completion of the Business Combination was conditioned upon CH Auto's Class A ordinary shares being approved for listing on Nasdaq, which was waived to consummate the merger.

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FAQ

When was CH-Auto Inc. founded?

CH-Auto Inc. was founded in 2003.

What is the core focus of CH Auto Technology Corporation Ltd.?

CH Auto Technology Corporation Ltd. is focused on electric vehicle manufacturing and design services in China.

What sets CH Auto apart in the field of new energy vehicles?

CH Auto has developed advanced mechanical architecture and lightweight alloy materials, positioning itself as a leader in the field.

What is CH Auto's vision for the future?

CH Auto aims to become a globally integrated multinational enterprise with an international perspective, targeting global markets, including the United States.

What is the significance of CH Auto's recent merger with Mountain Crest IV?

The merger sets the stage for CH Auto's globalization strategy, aiming to deliver innovation and growth in electric mobility.

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