Dingfeng Group Motor Co., Ltd. (the “Company”) announced that the hearing of the Debt Arrangement Instructions originally scheduled for January 5, 2024 has been postponed by the High Court to April 26, 2024, as the Company takes more time to process other corporate activities that may affect the details of the debt arrangement. In addition, a hearing on the approval of the debt arrangement is also set for June 6, 2024. The company also plans to postpone the hearing originally scheduled for 22 January 2024 and is preparing an announcement on the proposed restructuring to be published as practicable. The Company will continue to update announcements on any significant developments. Shareholders and potential investors should exercise caution as transactions under the proposed restructuring are subject to approval from shareholders, creditors, regulators and courts.

Dingfeng Group Motor Co., Ltd. (the “Company”) announced that the hearing of the Debt Arrangement Instructions originally scheduled for January 5, 2024 has been postponed by the High Court to April 26, 2024, as the Company takes more time to process other corporate activities that may affect the details of the debt arrangement. In addition, a hearing on the approval of the debt arrangement is also set for June 6, 2024. The company also plans to postpone the hearing originally scheduled for 22 January 2024 and is preparing an announcement on the proposed restructuring to be published as practicable. The Company will continue to update announcements on any significant developments. Shareholders and potential investors should exercise caution as transactions under the proposed restructuring are subject to approval from shareholders, creditors, regulators and courts.