Wuling Motors (00305.HK) Accelerates Entry into NEV Market Visit to Listed Company Garners Wide Attention

On October 26, Wuling Motors (00305.HK) held a research event with the theme of "Gathering Innovation Strengths to Accelerate Progress". The event was organized as an offline visit and exchange, inviting investment institutions, media, and other market groups with a focus on Hong Kong stocks and Wuling Motors to participate. Furthermore, Wuling Motors actively embraces new media and invited three influential financial opinion leaders with millions of followers to participate in the event, allowing for an exchange of ideas. This initiative demonstrates the company's commitment to engaging with the market and placing value on various market voices.

In the morning, the guests visited Wuling Liuji and Faurecia interior trim and seat production workshop, and the production line of Wuling New Energy, an affiliated joint venture company, where they had a close look at the commercial vehicle "Gold Card" newly launched by Wuling New Energy. Several institutional investors expressed their astonishment and new appreciation for Wuling Motors after witnessing what they saw during the visit.

In the afternoon, Yuan Zhijun, President of Guangxi Automobile Group and Chairman of the Board of Directors of Wuling Motors, was interviewed by the attending media reporters and influential financial opinion leaders. During the interview, Yuan Zhijun mentioned that while Wuling Motors continues to cultivate its core business, it also strives to explore new markets and fields. The company has successfully developed products such as electric axles, electric motors, electric controllers and hybrid engines. The proportion of new energy business is gradually increasing, making Wuling Motors the first supplier in Guangxi that possesses integrated hybrid power capabilities encompassing engines, motors and motor controllers. For these achievements, the company was honored with the title "China's Source of Power · Pioneer of Potential". Through internal cost control and lean management, Wuling Motors has gradually showcased its operational quality and profitability. In addition, the company has actively deployed new technologies and products. In the context of carbon emissions, Wuling Motors has successfully ignited the first LJ4M20 series methanol engine, laying the groundwork for potential business opportunities in the clean energy field. This step further contributes to the green development of "carbon peaking and carbon neutrality".

During the same period, Wuling Motors held an investor communication conference, which was attended by leaders such as Chen Xiaofeng, Vice President of Guangxi Automobile Group and Executive Deputy General Manager of Wuling Industry, Wei Mingfeng, Vice President of Guangxi Automobile Group, Deputy General Manager of Wuling Industry and Director of Wuling Motors, and Song Wei, Executive President of Wuling Motors. Nearly 30 institutional representatives participated in the conference, engaging in in-depth discussions about Wuling Motors' business, technological reserves, and short- to long-term future plans. At the meeting, in view of investors' concerns regarding Wuling Motors' future development direction and plans for the new energy business, the company's leaders expressed their intent to upgrade manufacturing methods and expand new energy component development for powertrain business. In the commercial vehicle sector, Wuling Motors will continue to focus on new product research and development, technological improvement and capacity enhancement, while simultaneously developing both traditional fuel vehicles and electric vehicles to increase the proportion of high-value-added products such as intelligent, connected and personalized vehicles and enhance the brand value.

The event effectively facilitated interaction and communication between investors and Wuling Motors, bringing them closer.  In addition, the participation of influential financial opinion leaders, such as economists and top live streamers, enriched the event and aligned well with the company's ideas of active transformation, technological innovation, and pursuit of "innovation" business strategies. All this has demonstrated that an emerging star of automobile manufacturing, with a heritage spanning a century, is rising with vitality. At the end of the event, the leaders of Wuling Motors affirmed their commitment to their original mission, ensuring excellence in operations, maintaining transparent communication channels with investors, and fostering mutual growth with shareholders.