Zotye Auto (000980.SZ): The company is currently making every effort to promote the resumption of work and production in the vehicle sector and has made phased progress

According to the Zhitong Finance App, Zotye Auto (000980.SZ) issued a stock price change announcement stating that the company is currently making every effort to resume work and resume production in the vehicle sector. Various tasks have made phased progress, and the new A0 class model has officially entered the batch trial 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 certain financial pressure. Subsequent mass production and market launch require continuous capital investment. There is uncertainty about the funding situation, which may affect the overseas sales progress of models. Investors are invited to invest rationally and pay attention to risks.