Guangqi Group: Rumors on the internet about Guangqi En Employees holding shares are purely malicious rumors, En is currently operating normally.

Guangzhou Automobile Group releases a statement regarding recent malicious rumors on the internet: Recently, GAIG Electric noticed that some self-media outlets have spread untrue information related to GAIG Electric employees holding shares, engaging in malicious defamation and spreading rumors, seriously misleading the public and damaging the brand image of GAIG Electric. In response, GAIG Electric solemnly declares: such remarks are completely baseless and purely malicious rumors. As a core independent brand under GAIG, GAIG Electric's development has received full support from Guangzhou Automobile Group, and its production and operation are currently running normally. Faced with a fierce market competition environment, GAIG Electric will always prioritize the customer and continue to provide high-quality products and services to the market. In addition, the employee stock incentive plan at GAIG Electric is also progressing normally in accordance with laws and regulations.