Shulou(Shulou.com)11/24 Report--

CTOnews.com news on November 4, today, the Shenzhen Stock Exchange issued a letter of concern to Zhongtai Automobile, demanding that the company will fully lay out vehicle production, power batteries, important parts, car rental, online car-hailing and car after-sales training colleges and other areas, introduce power battery technology and set up a joint venture company.

CTOnews.com learned that the Shenzhen Stock Exchange also asked Zhongtai Automobile to analyze the advanced nature of the proposed power battery technology in the light of the sources, partners, intellectual property cooperation methods, core technical indicators and comparison with the power battery of the Ningde era, whether the basis for more advanced technology than that of the Ningde era is sufficient, whether the relevant statements are objective and fair, and whether there are misleading statements.

The follow-up letter pointed out that some media reported recently that Zhongtai Automobile insiders said in an interview that the company "will make a comprehensive layout in the areas of vehicle production, power batteries, important parts, car rental, online car-hailing and car after-sales training colleges." opening up the upstream and downstream of the industry "will introduce advanced power battery technology from overseas companies, and set up a joint venture"battery technology is more advanced than that of Ningde era". On November 3 and November 4, Zhongtai Motor shares rose by the daily limit.

Prior to this, Zhongtai Automobile announced on October 20 that the overseas version of the T300 model was officially mass-produced. Zhongtai Automobile said at that time that 2022 was the first year after Zhongtai Automobile restructuring, and the offline of the overseas version of T300 marked the official resumption of production of Zhongtai Automobile after pressing the pause button.

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