Zotye Automobile: Abnormal stock trading fluctuations, no major undisclosed matters requiring disclosure

Zotye Automobile announced that the closing prices of the company's shares on September 11 and September 14, 2026 deviated by a cumulative margin of more than 20% over two consecutive trading days, constituting an abnormal fluctuation in stock trading. Upon verification, the company's previously disclosed information requires no correction or supplementation, no undisclosed material information with a significant impact on the share price has been found, recent operations are normal, the largest shareholder has no material matters that should be disclosed but have not been disclosed, and did not actively buy or sell the company's shares during the period of abnormal fluctuation. The company is advancing the resumption of production in its vehicle segment, and a new A0-class model has entered the batch trial production stage. This model targets overseas markets and has not yet generated sales, and the company still faces certain funding pressure. In addition, the company was placed under investigation by the China Securities Regulatory Commission on July 10, 2026 on suspicion of information disclosure violations, and has not yet received a final investigation conclusion.