PARTNER 231017516773889394959798100196 44 30181803–09 P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands 183171712–1716 Vistra (Cayman) Limited P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road, Grand CaymanKY1-1205Cayman Islands 9 881 97927 50%— 2,20080%80%304010 321,89080%1,530360AITO323262.7%3214.1% 1210.7%4199.2%8057.5%32 9510.2%6.7%16.1%18.1%21.1%17.6%20%36%28% 571294AITO46150%—3214 41962% 500— 9.6%220.010.8%32 41910.7%9.2%1,600—8057.8%7.5%62% 19524120.7%12.0%800171GO350(GMV)8 22.637.9%12.95.0%8.7%1038%31%124995%5.111.0% 5,7007,500 1681001884.282.829.2%6.8 41%131124% 48.550.232 4364832AITOHIMA 1115610737AITO42425211632 5.0%0.7%1–24.0% 2,3397.8% 40301004.5%30350—1.0% — 6.5%1,961 5.1%3.58.9%(ADAS)9,13774.1%60%4,000ADAS 168,124.211,165.96.2% —125,325.614,889.310.6% —15,417.31,432.510.2% —22,001.21,925.29.6% —5,380.1365.77.3% 74.5%78.2%9.2%7.8%16.3%14.0% —40.0%40.9% 157,452.38,073.54.9% 10,671.93,092.422.5% —3,208.41,057.9 —1,229.8289.830.8% —10,215.8922.09.9% —2,434.737.91.5% 6.3%7.7% 4,784.453.51.1% 4,199.867.71.6% 323.1131.528.9% 99.9 7,552.6184.32.4% 2,229.2189.47.8% 1.81.3 5,674.52,665.232.0%3.4%4.7% 1,572.965.54.3% 1,032.5807.643.9% 3,212.21,805.936.0% 23,004.03,402.5 1,555.53,439.4825.71,058.2 3,439.42,986.6 619.5 1,000.3 1,356.71,426.5 (ERP) 16,366.118,476.9 32,039.228,372.83,356.23,175.90.3%6.29% 26,35731,180 122116 42.5%40.9% ESG 423275148 ESG http://www.hkexnews.hk zhongsheng-hk@zs-group.com.cn 1. 1.1ESG ESG ESGESGESGESG 1.2ESG (ESG)ESGESGESG ESGESGESGESGESGESG ESG EASESGESGESGESGESG ESGESGESG 1.3 1.4 5 1.5 ESGESGESGESG 2. 4S4S 2.1 45HS PreDeliveryInspection(PDI) APP 2.2 85 IT 2.3 107 3. 2024 3.1 50%35.70%17.28%31.25% 26,3574,823 10,06511827.63% E-90%10% 16 3.2 — 3.3 0 3.4 4. 19,8014.1%10%67,711 4.1 •••• 26ºC20ºC •LOGO•••• 4.2 201661(GB 26877–2011) RC+COVOC95% VOCs IPCC2006 1 2 3 5+340% 100% 83% 11,362.0426.867,046.9916.66 4.3 5. 6. 315 7. A2 A3A3.1 A4 B2(a)(b)B2.1B2.2B2.3 B4(a)(b)B4.1B4.2 B5B5.1B5.2 B8B8.1B8.2 (a)—(b)—(c)—(d)—(e)—(f)— C1 A. 1. 2. 3. 3.09D 6772 4. 3.13 5. B.2.2 8483(3) 6. 7. 8. B. C.2.1 C. 2 1. 255 2. 1341369 55 3. 55 13.92 (A)(B)(C) 16.67%5%75%30%40% 2829 •••18•• 4. C355 5. 55 6. 55 D. C3 E. F. 8892 6,800,000 G. (i)(ii) 12 H. (A) (a)(b)(c)(d)(e)(f)(www.hkex.com.hk) (B) (www.zs-group.com.cn) (C) (D) (www.computershare.com/hk/en/online_feedback)+852 28628555183171712–1716 (zhongsheng@zs-group.com.cn)44(+86–411)3979 8888 (E) (F) I. (I) 5821 (II) (I) www.zs-group.com.cn (III) (I)(II)(III) 30181803–09(+852) 2803 5676yaozhenchao@zs-group.com.cn J. 3.288.173.28 3.2915 K. L. 62—35 6135CEO 5221 55• 41 45 47 55TPGCapitalTPG60193333234682008 6869636683 582558641668520420Microvast Holdings, Inc.MVST 50 53822460 49 44(FAIA) 3920032567 44 4S— 93195 1016481014—38101685 86 35 36 3,093.31,500.0 196 25,000 13 29 6772 571XV(a)XV78(b)352(c)C3 1.2,385,668,3632.18,674,5003.4.336,50090,000 XV336 1.2,385,668,3632.Light Yield Ltd.Vest Sun Ltd.Blue Natural Development Ltd.62.30%37.70%BlueNatural Development Ltd.3.18,674,5004.Light Yield Ltd.Light Yield Ltd.5.Vest Sun Ltd.Vest Sun Ltd.6.UBS TC(Jersey) Ltd.Mountain Bright Limited7.UBS TC(Jersey) Ltd.Vintage Star Limited 336 Merrill Lynch (Asia Pacific) LimitedMorgan Stanley & Co. International plc4,560 1045.6134.80045.204,560 110.15%1,436,000,00031.49%3,124,000,000 1.090.79745.6145.0243.88 43.8871,194,1657,119.422,438,188,0283.01%2.92%UBS TC(Jersey)Ltd.UBS TC(Jersey)Ltd.49.27%49.27%49.27%47.83%47.83%47.83%3,212.21.351.35 30 3,212.247,022.925,561.0 4,521.24(1)4,246.18(2)275.06 Merrill Lynch (Asia Pacific) LimitedMorgan Stanley & Co. International plc4503.00% 1,000966292,166,000157,834,000 MorganStanley&Co.International plcJ.P.Morgan Securities(Asia Pacific)Limited6005.98% 50 103.5% Light Yield Ltd.Vest Sun Ltd.Blue Natural Development Ltd.Mountain Bright LimitedUBS TC (Jersey)Ltd.Vintage Star Limited 14A 9 2 1.00(a)(b)(c) (1)5,500,00022.6022.35 37 5,500,0000.23%0.23% 13.51B(1) 30%38.3%76.8% 5% 18,674,500212.16 (KPI) C1 C3 0.6781,6041,500 183171712–1716 ᆿ≮ᴹ䀾ᑡӁएᡶ俏⑥券冐⏂㤧ⲽ䚉㲕འਚжᓝ⁉Tel䴱䂧: +852 2846 9888Fax۩ⵕ: +852 2868 4432ey.com Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 93195 8,272,614,0009,238,214,00099,932,000 2.4—3—1718 8,595,715,000 2.4—24 • • • • • 1. P.O. Box 31119 Grand Pavilion,Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1-1205, Cayman Islands30181803–09 2. 2.1 (a)(b)(c) 2. 2.1 2.2 161177 2. 2.2 (a)1616 (b) (c)77 2. 2.3 18319397210284211—111791072 1234 181—11818818733341818 19101919 2. 2.3 97 102810281028 21 2. 2.3 —111779107 •77B387IG1IG14 IG20B77 •9993.3.395.1.39A •1010B7410B73 •7737 2.4 20% 2. 2.4 5 2. 2