Ideal Motors: Vehicle sales revenue in the fourth quarter of 2025 decreased by 36.1% year-on-year.

Ideal Car Announcement: The vehicle sales revenue in the fourth quarter of 2025 is RMB 27.3 billion, a decrease of 36.1% compared to RMB 42.6 billion in the fourth quarter of 2024, and an increase of 5.4% compared to RMB 25.9 billion in the third quarter of 2025. The vehicle gross profit margin in the fourth quarter of 2025 is 16.8%, compared to 19.7% in the fourth quarter of 2024 and 15.5% in the third quarter of 2025.