According to the China Machinery Inspection Notice, China Automobile Certification, a wholly-owned subsidiary, received the “Notice of Suspension of Business and Rectification” from the National Certification and Supervision Commission. Due to mandatory product certification and issuance of certificates for automotive brake linings that are not part of the mandatory product certification catalogue, it was ordered to stop business and rectification for 1 month from September 9, 2026 to October 8, 2026, during which time it is prohibited to engage in mandatory product certification activities within the specified scope. It is expected to reduce the company's net profit attributable to shareholders of listed companies by no more than 2,070,400 yuan in 2026.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.