Xiaokang shares: Chip problems have caused the number of deliveries of the SF5 in 2021 to be less than expected

Jiwei network news, on January 8, for the number of deliveries of SF5 last year was less than market expectations, Xiaokang shares pointed out in the latest disclosure of investor relations activity record table that only about 8,000 SF5 units were delivered in 2021, and the reason for the small delivery volume was mainly because of chip problems. The chip will affect our delivery volume mainly because our SF5 car is mainly developed in the United States, so it uses more American electronic materials, so it has been greatly affected.

In response to the storm of Cyrus SF5 suspension of production, Xiaokang responded that SF5 and Q&I M5 are both models of Cyrus, and the company will continue to introduce new models to continue to meet the needs of more users. For the company, we will not take the initiative to discontinue the model, as long as the user has demand, we will produce and deliver, SF5 is like this, we will not take the initiative to stop production. SF5 and Q&I M5 two cars have different prices, users can choose, we give the choice to users! There are orders will be produced, delivered and served, Cyrus will serve every car well every new and old user! Whether it's SF5 or M5, we deliver high quality.

On the question of whether Xiaokang is a foundry, Xiaokang made it clear that it did not do foundries before and now, let alone foundries. 18 years ago, we have not yet entered the automotive industry, and the cooperation with Dongfeng Group has achieved the first successful cross-border of Xiaokang shares, and Xiaokang shares have not done foundries. We and Huawei are long-term partners in accordance with the strategic agreement and joint business cooperation agreement signed between us and Huawei, as well as related agreements. From R&D to manufacturing to delivery, Huawei is deeply involved in product definition, quality control, and channel sales in the automotive business, which is responsible for R&D, manufacturing, delivery, service, and creation of user experiences throughout the lifecycle. The cross-border cooperation between Xiaokang and Huawei is an in-depth success, the teams of the two sides work day and night, investing huge manpower and resources, and there is no reason for the two sides not to cooperate now and in the future. (Proofreading | new)