Regarding the market's indication that CHERY AUTO (09973.HK) is collaborating with ZhiMi on vehicle manufacturing, according to a report by Yicai, CHERY has responded by stating, &#34;There is no such matter.&#34;
Earlier reports suggested that ZhiMi's main partner for vehicle manufacturing is CHERY, with the collaborative model being the Jietu Zongheng G700, and the first vehicle is expected to be launched around the first quarter of next year

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Regarding the market's indication of the collaboration between CHERY AUTO and ZHUI MI in vehicle manufacturing, according to a report by Yicai, CHERY stated that "there is no such matter." Earlier reports suggested that ZHUI MI's main partner in vehicle manufacturing is CHERY, with the collaborative model being the Jietu Zongheng G700, and the first vehicle is expected to be launched around the first quarter of next year

CHERY AUTO clarifies that it has not collaborated with ZhiMi on vehicle manufacturing