On June 20, 2024, Zhixing Automobile Technology successfully held its annual shareholders' meeting, chaired by Mr. Song Yang, Chairman and Executive Director. Shareholders or their representatives attending the meeting held approximately 86% of voting shares. The meeting approved Ordinary Resolutions including the 2023 Board of Directors and Supervisors' work report, financial statements, audited financial statements and auditor's report, profit distribution plan, bank credit application, 2024 director and supervisor allowance, the reappointment of PwC as auditor and other matters. In addition, Special Resolutions including the adoption of the first phase of H-share incentive trust plan, authorization for related matters, unconditional and general authorization for issuing additional shares and repurchasing issued H-shares were all approved with 100% for votes. All members of the Board of Directors attended the meeting.

On June 20, 2024, Zhixing Automobile Technology successfully held its annual shareholders' meeting, chaired by Mr. Song Yang, Chairman and Executive Director. Shareholders or their representatives attending the meeting held approximately 86% of voting shares. The meeting approved Ordinary Resolutions including the 2023 Board of Directors and Supervisors' work report, financial statements, audited financial statements and auditor's report, profit distribution plan, bank credit application, 2024 director and supervisor allowance, the reappointment of PwC as auditor and other matters. In addition, Special Resolutions including the adoption of the first phase of H-share incentive trust plan, authorization for related matters, unconditional and general authorization for issuing additional shares and repurchasing issued H-shares were all approved with 100% for votes. All members of the Board of Directors attended the meeting.