Financial Services Association, April 20 (Reporter Chen Kang) After presenting an ambiguous response to the market on the evening of April 18, Wanfeng Aowei (002085.SZ) made another quick announcement clarifying on the evening of the 19th, stating that “the company and Tesla have jointly formed an eVTOL company and have already formed a project team” are untrue.

However, according to the Financial Services Association reporter's review of information on the Interactive Easy platform on the 18th, Wan Feng Aowei only stated in response to the investor's question “How is the establishment of an eVTOL company with Tesla progressing” that they have jointly formed a project team with the partner to discuss business plans, investment plans, etc. with domestic and foreign technical, operation, and management teams, etc., and important developments will be disclosed in a timely manner.

This question and answer quickly aroused investors' imagination and immediately affected the secondary market. The next day (April 19), Wanfeng Aowei closed higher or lower. The closing price was 16.07 yuan/share, with a turnover of 6.412 billion yuan.

However, the eyes of the regulators are bright. Due to misleading statements made by the company in response to investors' questions, Wan Feng Aowei received a warning letter from the Zhejiang Securities Regulatory Bureau on the 19th, and issued separate measures to supervise and manage the company's and director Li Ya's violation of the “Administrative Measures on Information Disclosure of Listed Companies”.

A Financial Services Association reporter noticed that on the interactive platform on the 19th, the response to the question “How is the company that formed an eVTOL with Tesla progressing” has changed to “the partner is the head office set up in China by a well-known automobile manufacturer in the world.” In fact, in recent responses to questions related to Tesla, Wanfeng Aowei did not directly deny it.

Furthermore, on the 18th and 19th, on the interactive platform, investors also asked “whether it is true that the company's eVTOL project partner is NIO” and “how is the company's eVTOL company cooperating with Geely and GAC progressing”. Wanfeng Aowei's response remained the same: “The partner is the head office set up in China by a well-known automobile manufacturer in the world.”

In a clarification announcement on the evening of the 19th, Wan Feng Aowei stated, “This time, the company and strategic partners jointly set up a joint venture in the eVTOL field. The partner is the head office set up by a world-renowned automobile manufacturer in China, and its name cannot yet be disclosed due to commercial secrecy. The company will promptly fulfill its obligation to disclose information in accordance with important developments in cooperation.”

In an institutional exchange on February 20, Wanfeng Aowei revealed that on February 4, the subsidiary Wanfeng Aircraft signed a “Memorandum of Understanding on the Establishment of a Joint Venture” with the Chinese head office of a world-renowned mainframe manufacturer. The two sides plan to cooperate deeply and support the joint venture in the fields of eVTOL prototype development, battery systems, industrial design, aeronautical engineering, mold and tooling manufacturing, supply chain and large-scale mass production, aviation airworthiness certification, brand power, and B2C/B2B sales and after-sales network resources. This strategic cooperation is based on years of in-depth discussions between the two sides, and is exclusive.

According to public information, Wanfeng Aowei is mainly engaged in the lightweight automotive metal parts business and professional general aircraft manufacturing business; the company's main products include automobile wheel manufacturing, motorcycle wheel manufacturing, magnesium alloy die-casting products, coating processing, and metal castings.