Ev Dynamics Joins Forces with Quantron through a Share Swap to Form a New Electric Vehicle Powerhouse

HONG KONG SAR – Media OutReach – 29 July 2021 – Ev Dynamics (Holdings) Limited (the “Company”, formerly known as China Dynamics (Holdings) Limited; Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), which provides new energy vehicles and technology integrated solutions, has signed a share swap agreement with Quantron AG (“Quantron”), a Germany-based company engaging in inner city e-mobility and regional passenger and freight transport, in a bid to expand its global new energy vehicle production, engineering, marketing and sales, and after-sale service setup.