Autozi (Stock Code: AZI), a leading operator of cloud-based supply chain platforms for China's automotive industry, announced today that its board of directors has received a Share Increase Commitment Letter from Dr. Zhang Houqi, the company's founder, controlling shareholder, and chairman. According to the letter, Dr. Zhang plans to purchase Autozi shares incrementally over the next 12 months at USD 5 per share, using personal funds totaling between USD 10 million and USD 30 million. This move demonstrates his firm confidence in the company's long-term development and will help accelerate the execution of Autozi's three-year strategic plan.

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