Taotao Auto Industry announced that the 17th meeting of the fourth board of directors of the company reviewed and approved arrangements for matters relating to the global sale of H shares and listing on the main board of the Hong Kong Stock Exchange Limited, including approving the H share global sale arrangement, publishing and signing relevant documents, handling issuance procedures, and authorizing relevant parties to handle specific matters. The meeting also reviewed and approved revisions to some provisions of the “Articles of Association” applicable after the issuance and listing of H shares, as well as formulating the “Director Nomination Policy” and “Procedure for Shareholders to Nominate People to Run for Election as Directors” to be applied after H shares are issued. As authorized by the 2nd Extraordinary General Meeting of Shareholders in 2025, the above matters are not required to be submitted to the shareholders' meeting for consideration.

Taotao Auto Industry announced that the 17th meeting of the fourth board of directors of the company reviewed and approved arrangements for matters relating to the global sale of H shares and listing on the main board of the Hong Kong Stock Exchange Limited, including approving the H share global sale arrangement, publishing and signing relevant documents, handling issuance procedures, and authorizing relevant parties to handle specific matters. The meeting also reviewed and approved revisions to some provisions of the “Articles of Association” applicable after the issuance and listing of H shares, as well as formulating the “Director Nomination Policy” and “Procedure for Shareholders to Nominate People to Run for Election as Directors” to be applied after H shares are issued. As authorized by the 2nd Extraordinary General Meeting of Shareholders in 2025, the above matters are not required to be submitted to the shareholders' meeting for consideration.