Zero Sports Auto issued an announcement announcing that the company has received the “Approval to Register Zhejiang Zero Sports Technology Co., Ltd. to issue shares to specific targets” issued by the China Securities Regulatory Commission. The Securities Regulatory Commission officially approved the company's registration application to issue domestic shares to FAW Shares and Jinyi Hi-Tech. The total amount raised in this fixed increase is about 6.744 billion yuan. The approval marks the launch of the Zero Run fixed increase project after going through review, successfully introducing a dual strategy endorsement of industry and state-owned assets, and dispelling previous market doubts.

Zero Sports Auto issued an announcement announcing that the company has received the “Approval to Register Zhejiang Zero Sports Technology Co., Ltd. to issue shares to specific targets” issued by the China Securities Regulatory Commission. The Securities Regulatory Commission officially approved the company's registration application to issue domestic shares to FAW Shares and Jinyi Hi-Tech. The total amount raised in this fixed increase is about 6.744 billion yuan. The approval marks the launch of the Zero Run fixed increase project after going through review, successfully introducing a dual strategy endorsement of industry and state-owned assets, and dispelling previous market doubts.