Yasheng Group: Drought May Affect Operating Performance in 2026

Yasheng Group announced that since June this year, Gansu has experienced continuous sunny and hot weather with little rainfall, and the rivers have had below-average water flow. The companys planting bases in Zhangye, Jiuquan, and other areas have encountered drought conditions, with some regions experiencing severe drought that has affected crop growth to varying degrees. The company has activated its drought emergency plan to mitigate the impact of drought on production and operations. This drought is expected to have a certain adverse effect on the 2026 operating performance, with specifics pending the audited financial report.