Zotye Auto is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. The company announced on the evening of July 10 that it has received a notice of investigation from the CSRC, and that all production and operational activities are proceeding normally and in an orderly manner. It will actively cooperate with the investigation and fulfill its information disclosure obligations. In recent years, the company's management has seen frequent changes, with several senior executives resigning. Shareholder Houtu Lande had proposed removing directors Wang Yian and Zhong Yufei, and Wang Yian resigned from his position as vice president on June 30. Zotye Auto's share price has halved from its October 2025 high, closing at 1.78 yuan per share on July 10, giving it a total market value of 8.976 billion yuan.
Zotye Automobile Co LtdUnder CSRC investigation for suspected information disclosure violations, which is a regulatory enforcement action.