Zotye Auto shares hit the daily up-limit after the open, quoted at 1.84 yuan per
share, implying a market cap of about 9.278 bln yuan. The company held its
fourth interim shareholders meeting of 2026 yesterday and approved the election
of three non-independent directors. On its investor platform Zotye said R&D on a
The newly self-developed model is progressing steadily and it plans to launch a new
car within the year, “but this is only a plan.” A securities affairs staffer
said the director election is not necessarily linked to today’s share-price rise
and described the move as market-driven with multiple possible causes.
