Business Outlook

For the third quarter of 2024, the Company expects:

• Deliveries of vehicles to be between 145,000 and 155,000 vehicles, representing an increase of 38.0% to 47.5% from the third quarter of 2023.

• Total revenues to be between RMB39.4 billion (US$5.4 billion) and RMB42.2 billion (US$5.8 billion) vs. consensus of $5.51 billion, representing an increase of 13.7% to 21.6% from the third quarter of 2023.