On September 30th, JAC Motors disclosed that its stock experienced abnormal fluctuations, with the cumulative closing price surging over 20% across three consecutive trading days from September 28th to September 30th, 2026. Upon verification, it was confirmed that JAC Motors, Huawei, and Stellantis do harbor intentions to collaborate. However, the specifics and format of this cooperation are still under discussion, and no formal agreement has been inked yet, leaving the progression of these talks shrouded in uncertainty. In addition to this, JAC Motors has announced its plans to invest in Intelligent Technology Co., Ltd., and is advancing its share repurchase program as initially planned. As of the announcement's release, the company and its principal shareholder have reported no other significant matters that warrant disclosure but have not yet been made public. Furthermore, during the period of abnormal stock fluctuations, no transactions involving the purchase or sale of the company's stocks were made by any directors, supervisors, senior executives, or the controlling shareholder.
