Demonstrating confidence in development, Botai Auto Federation (02889) received an increase in H shares from two executive directors and made a 12-month voluntary sales ban

Zhitong Finance App News, Botai Auto Federation (02889) announced that since the current transaction price of the company's shares does not reflect the company's intrinsic value and firm confidence in the Group's business development prospects, the implementation of the “soft and hard core cloud” integration strategy, and long-term investment value in cutting-edge directions such as smart cockpits, in-vehicle AI, vehicle-side computing power ecology, and vehicle optical interconnection, and to further highlight the high degree of agreement between the management team and the company's and all shareholders, Mr. Zhang Fukai, the company's executive director, chief financial officer and board secretary, and Mr. Lai Weilin, the executive director of the company, announced on September 15, 2026 Own capital increased the company's H shares holdings by 4076 million shares and 21.86 million shares on the Hong Kong Stock Exchange Limited's open market, with transaction amounts of about $3 million and $1.6 million respectively.

In order to further demonstrate the management team's firm confidence in the Group's long-term business development and intrinsic value, and to stabilize investors' expectations, Mr. Zhang Fukai and Mr. Lai Weilin have made a written voluntary ban promise to the company: Mr. Zhang Fukai and Mr. Lai Weilin will not be sold or transferred in any way (including but not limited to secondary market sales, bulk transactions, OTC agreement transfers, pledges, trusts, share swaps or derivatives transactions) for 12 months (ban period) from the date of purchase and delivery of the increased H shares on the Stock Exchange Dispose of the current increase in shares or set on top of the current increase in shares Any other burden of rights affecting the rights they hold.