On September 6, 2024, the International Cooperation Department of the China Securities Regulatory Commission issued a notice of filing for the overseas issuance and listing of New Gonow Recreational Vehicles Inc. (New Gonow Motorhomes Co., Ltd.) (Guohe Han [2024] No. 1778).

The specific content of the filing notice is as follows:

New Gonow Recreational Vehicles Inc. (New Gonow Motorhomes Co., Ltd.):

We have received the filing materials for the overseas issuance and listing submitted by your company's operating entity in China, Xinglong Cui Autos Technology (Zhejiang) Co., Ltd., in accordance with the provisions of the Securities Law of the People's Republic of China, the Measures for the Overseas Issuance of Securities and Listing Management of Domestic Enterprises, and other regulations. Based on the above, I will notify you of the filing matters as follows:

1. Your company intends to issue no more than 276,000,000 shares of overseas listed common stock and list them on the Hong Kong Stock Exchange.

2. From the date of this filing notice to the end of this overseas issue and listing, if any significant event occurs, your company shall report it through the China Securities Regulatory Commission filing management information system in accordance with relevant regulations on domestic enterprises' overseas issuance and listing.

3. Within 15 working days after your company completes the overseas issuance and listing, you should report the issuance and listing situation through the China Securities Regulatory Commission's filing management information system. Your company should strictly abide by relevant laws, regulations and rules at home and abroad during the overseas issuance and listing process.

4. If your company fails to complete the overseas issue and listing within 12 months from the date of this filing notice and plans to continue, it shall update the filing materials.

This filing notice only confirms the filing information for enterprises' overseas issue and listing, and does not indicate that the China Securities Regulatory Commission has made any substantive judgment or guarantee on the investment value of the enterprise's securities or the return on investment of investors, nor does it indicate that the China Securities Regulatory Commission has guaranteed or recognized the authenticity, accuracy and completeness of the enterprise's filing materials.

International Cooperation Department of China Securities Regulatory Commission

September 6, 2024.

According to the listing rules of the Hong Kong Stock Exchange, companies are required to submit a 'filing notice' at least four business days before the hearing date, which means that New Gio Caravans has met the preconditions for the Hong Kong listing hearing or will soon undergo a listing hearing on the Hong Kong Stock Exchange.

On May 28, 2024, New Gio Caravans submitted its IPO prospectus to the Hong Kong Stock Exchange. Its main intermediaries for the listing include: Huatai International as its exclusive sponsor; PwC as its auditor; Howse, Allen Overy Shearman Sterling as its corporate lawyers in China and Hong Kong respectively; JT&N and JT&N (Hong Kong) as its brokerage lawyers in China and Hong Kong respectively; and Frost Sullivan as its industry consultant.

As a leading caravan platform in Australia with an extensive business network, New Gio Caravans designs, develops, manufactures, and sells custom towable caravans. According to Frost Sullivan's data, based on sales volume in 2023, New Gio Caravans ranks second in the market share of the caravan industry in Australia. Since its acquisition of the well-known Australian caravan brand Regent with over 30 years of history in 2014, New Gio Caravans has become a leading company in the Australian caravan industry and has three unique brands: the best-selling mid-range brand Snowy River, the luxury brand Regent, and the semi-off-road brand NEWGEN. The company's production factory in Zhejiang, China covers an area of approximately 47,567 square meters and consists of five dedicated workshops for welding, painting, lamination, cutting, and furniture, as well as two advanced assembly lines. In addition, the company's two assembly lines in Australia handle the final assembly of the caravans, allowing the company to quickly meet the demands of end customers for final processing and customization.

Mr. Miao Xuezhong, Mr. Wang Danhong, and their daughter Ms. Miao Wanyi hold approximately 99.17% of the shares through Snowy Limited, the major shareholder of New Gio Caravans.

New Gio Caravans has submitted an IPO prospectus and plans to list in Hong Kong, with Huatai International as the exclusive sponsor.

New JiaO RV Prospectus Link:

https://www1.hkexnews.hk/app/sehk/2024/106509/documents/sehk24052800705.pdf