000980SZSE

Announcement on Cumulative Litigation and Arbitration Cases

✨ AI Summary

Zotye Automobile Co., Ltd. announced a total of 32 litigation and arbitration cases over the past twelve months, involving approximately 22.37 million yuan, which is 19.53% of the company's audited net assets. The company has acted as both plaintiff and defendant in these cases, with amounts of 13.81 million yuan and 8.56 million yuan, respectively. The impact of ongoing cases on future profits remains uncertain, and the company will monitor developments closely.

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Securities Code: 000980 Securities Abbreviation: Zotye Automobile Announcement No.: 2026-032
Zotye Automobile Co., Ltd.
Announcement on Cumulative Litigation and Arbitration Cases
The company and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Zotye Automobile Co., Ltd. (hereinafter referred to as "the Company") has compiled statistics on the cumulative litigation and arbitration matters involving the Company and its subsidiaries over the past twelve months in accordance with the relevant provisions of the Shenzhen Stock Exchange's Stock Listing Rules. The relevant statistical information is announced as follows:

I. Basic Situation of Cumulative Litigation and Arbitration Matters
As of the date of this announcement, excluding disclosed litigation and arbitration matters, the Company and its subsidiaries have experienced a total of 32 litigation cases in the past twelve months, with a total amount involved of approximately 22.3662 million yuan, accounting for 19.53% of the Company's most recent audited net assets. Among these, the total amount of litigation cases involving the Company and its subsidiaries as plaintiffs is approximately 13.8095 million yuan, while the total amount of litigation cases involving the Company and its subsidiaries as defendants is approximately 8.5567 million yuan. For specific details, please refer to the attachment: Statistical Table of Cumulative Litigation and Arbitration Cases in the Past Twelve Months.

II. Other Undisclosed Litigation and Arbitration Matters
As of the date of this announcement, aside from the aforementioned cases, there are no significant litigation or arbitration matters that should be disclosed but have not been disclosed by the Company and its subsidiaries.

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