• New Gonow Recreational Vehicles’ shareholding concentration reached 90.38% as of October 13, 2026, prompting an SFC warning of substantial price volatility.
• Miao Xuezhong held 48.69%; 22 shareholders and related parties owned 41.69%, leaving other shareholders with 9.62%.
• Shares closed at HK$14 on October 23, up 900% from HK$1.40 on April 30.

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. New Gonow Recreational Vehicles Inc. 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-20261026-12382748), on October 26, 2026, and is solely responsible for the information contained therein.