• China New Energy appointed Xu Wei as acting chief executive officer, effective Sept. 1, 2026.
• Xu will run group operations and strategy, leading new initiatives in AI computing power equipment and energy storage via a new subsidiary.
• He previously worked at Dongfeng Peugeot Citroën, Peugeot Citroën China, GAC Fiat, Guangzhou Automobile Group, and Elite Intelligence Technology (Guangzhou).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China New Energy Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260901-12313389), on September 01, 2026, and is solely responsible for the information contained therein.