In order to enhance the financial capabilities of BYD Auto Co., Ltd. (hereinafter referred to as "the Company" or "BYD"), and to facilitate the utilization of funds, the Company and its board of directors confirm that the information contained herein is true, accurate, and complete, without any false records, misleading statements, or major omissions.
I. Transaction Overview
To promote BYD Auto Co., Ltd. (hereinafter referred to as "the Company" or "BYD") and its holding company (hereinafter referred to as "the Group") to utilize funds effectively, the Company plans to engage in deposit business with BYD Auto Finance Co., Ltd. (hereinafter referred to as "BYD Auto Finance") starting from March 27, 2026, following the approval of the first extraordinary general meeting of the Company. The proposal has been approved regarding the Company’s deposit business with BYD Auto Finance, with a maximum limit of RMB 12 billion.