Zotye Auto (000980.SZ): The new A0 class model has officially entered the batch trial stage

According to the Zhitong Finance App, Zotye Auto (000980.SZ) issued an announcement. The cumulative deviation value of the closing price increase of the company's stock exceeded 20% for two consecutive trading days on September 8 and September 9, 2026. According to the relevant regulations of the Shenzhen Stock Exchange, this is an abnormal fluctuation in stock trading. After self-inspection, the company did not violate the fair disclosure of information.

The company is currently making every effort to resume work and resume production in the vehicle sector. Various tasks have progressed in stages, and the new A0 class model has officially entered the batch trial production stage. The model is mainly aimed at overseas markets. There is uncertainty about regulatory certification, channel construction, and market demand in the target market, and sales have not been formed until now. At the same time, the company is still facing some financial pressure. Subsequent mass production and market launch require continuous capital investment. There is uncertainty about the availability of capital, which may affect the overseas sales progress of models.