AZI Plans to Subscribe for US$100 Million of Token Cat Limited Shares at US$30 per Share, Strengthening Automotive Group-Buying Channels and Supporting AZI’s Global Expansion Strategy

Beijing, China, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Token Cat Limited (Nasdaq: TC) (the “Company” or “Token Cat”)Today announced that Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (“AZI”), a leading enterprise in China’s automobile sales and aftersales services sector, has reached a preliminary consensus with the Company on a proposed equity investment and business cooperation. Pursuant to the proposed arrangement, AZI plans to subscribe for newly issued shares of Token Cat at a price of US$30 per share, with an intended total investment amount of approximately US$100 million.