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Autozi Internet Completes Negotiations For Acquisition Of ~$1.87B In Premium Digital Assets From Crypto-Asset Institution For Total Consideration Of ~$1.1B

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) ("Autozi" or the "Company") today announced the completion of negotiations for a landmark acquisition of approximately $1.87 billion in premium digital assets from a globally leading crypto-asset institution (the "Crypto Titan") for a total consideration of approximately $1.1 billion. Executed amidst a period of adjustment in the global crypto market, this transaction showcases AZI's forward-looking strategic vision and superior asset allocation capabilities.

To accelerate the development of its global specialized vehicle and aftermarket parts sales network via its cross-border supply chain platform, AZI recognizes the imperative to solve the critical challenge of online cross-border payments—a challenge for which cryptocurrency presents a pivotal solution. Concurrently, AZI's U.S. subsidiary has reached an agreement in principle to cooperate with this Crypto Titan. The two parties will engage in deep collaboration focused on DAT (Digital Asset Treasury) development, the construction of compliant crypto-payment infrastructure, and the expansion of multi-scenario payment ecosystems. They are committed to jointly forging and leading the vast global market for cryptocurrency-based DAT treasury and crypto payments.

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