Dongan Automobile: Stock price has accumulated a relatively large increase; clarifies flying car-related business

Dong'an Power announced that its stock has cumulatively risen 33.15% since October 16, 2026, while over the same period the SW Auto Parts Index rose 3.80% and the Shanghai Composite Index rose 0.75%. The short-term gain exceeds both the industry index and the Shanghai Composite over the same period, posing a risk of overheated market sentiment; the company's fundamentals have not undergone major changes, and there is no major undisclosed information that should be disclosed. In the first half of 2026, the company reported a net loss of RMB 8.9347 million, turning from profit to loss; from January to September 2026, cumulative engine sales were 292,500 units, down 10.12% year on year, and cumulative transmission sales were 103,600 units, down 12.90% year on year. Regarding market rumors that it has been classified as a flying car concept stock, the company confirmed that this business had not generated revenue from January to September 2026, and advises investors to invest rationally and be mindful of risks.