According to news on the afternoon of June 17, Baoneng Motors issued a statement today saying that recently, some media have seriously distorted the facts and maliciously reported that the company and its affiliated companies have issued dissolution and liquidation announcements, disrupting the order of the Internet and seriously damaging the legal reputation of the company. Here, the company solemnly declares as follows:


1. Although some companies are displayed on the national credit information disclosure platform as "this company has issued a dissolution announcement", "this company has issued liquidation group filing information", "this company is making a declaration of invalidation of its business license", etc., the company is operating normally and has new cars about to be launched.
2. Although some of the company's directors, supervisors and other senior managers have resigned, it does not affect the company's normal operations and operations. All the company's businesses are being carried out normally without any impact;
3. Please refer to the group’s official website for all operating information and dynamics of the company.
