Debunking rumors! Avita responded that it had not reached a merger agreement with Gaohe Automobile

News on April 8: Recently, rumors that Avita will take over Gaohe Automobile have been rampant and attracted widespread attention. However, a source from Avita's public relations department responded to the Securities Times that this information was not true. Previously, there were reports on the Internet that Avita had reached a merger agreement with Gaohe Automobile, causing the market to speculate whether Gaohe Automobile would usher in a "white knight."

It is reported that a "white knight" refers to another company or private company or individual that provides assistance to a company threatened by a hostile takeover, and Avita is rumored to be the possible savior of Gaohe Auto. However, Avita's response poured cold water on this rumor.

Although Avita has denied the merger rumors, previous media reports stated that Avita has contacted Gaohe Automobile, may have reached a cooperation agreement, and is reorganizing the team. However, Avita stated that there is no further information to be disclosed at this time.

According to information transmitted online, Avita has reached an agreement to acquire Gaohe, and Gaohe is expected to resume work this month. In response to this news, Avita responded to Ifeng.com's "Eye of the Storm" and said that through internal understanding, it currently has no information in this regard.

In early February this year, Gaohe Automobile announced a seven-month suspension of production, causing industry concerns about its future development. Subsequently, Ding Lei, founder of Gaohe, went to Chongqing to visit Changan Automobile and met with Zhu Huarong, chairman of Changan Automobile. The meeting between the two parties did not announce specific topics, but it is generally believed that this may be one of Gaohe Automobile's measures to seek external assistance. Although the specific topics of the meeting between the two parties were not announced, it is generally believed that Gaohe Automobile may seek external assistance to help it tide over the difficulties.

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