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China Automobile announced that on August 10, 2026, the company received the “Notice of Objection” issued by the Zhuhai Intermediate People's Court. The bankruptcy and liquidation case of the participating company Xinbang Science and Technology Innovation was filed on August 7, 2026. The case number is Shenzhen No. 37 in Guangdong 04. As of December 31, 2023, the company's long-term equity investment balance in Xinbang Science and Technology Innovation was 11.1531 million yuan, and a loss of 11.1531 million yuan was confirmed in the first half of 2024. The investment balance has been adjusted to zero.
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China Automobile announced that on August 10, 2026, the company received the “Notice of Objection” issued by the Zhuhai Intermediate People's Court. The bankruptcy and liquidation case of the participating company Xinbang Science and Technology Innovation was filed on August 7, 2026. The case number is Shenzhen No. 37 in Guangdong 04. As of December 31, 2023, the company's long-term equity investment balance in Xinbang Science and Technology Innovation was 11.1531 million yuan, and a loss of 11.1531 million yuan was confirmed in the first half of 2024. The investment balance has been adjusted to zero.
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