Overview of Top Group's third quarter 2023 financial report

In the third quarter of 2023, with its foresight in the field of new energy vehicles, Top Group implemented product platformization and T0.5-level business cooperation strategies, achieved good operating results, and maintained sustained growth in performance. The company has completed the strategic capacity layout for this period, reaching a basic capacity of approximately RMB 50 billion, and adjusted production equipment according to market demand. Top Group's intelligent driving industrial park is located in Qianwan New District, covering an area of ​​2,600 acres, including nine major product lines. It is an industrial park integrating green, low-carbon and digitalization. The Chongqing factory and the Shouxian factory in Anhui are expected to start production at the end of 2023. At the same time, the planning of the Huzhou factory, Xi'an factory and Mexico factory is also being actively promoted.