Chongqing Qianli Technology posts strong October sales, launches employee stock plan

Chongqing Qianli Technology Co., Ltd. announced robust performance for October 2025, with total production reaching 6,517 units, a 216.67% year-on-year increase. Total sales for the month were 8,468 units, marking a 111.44% year-on-year increase. Year-to-date production reached 64,171 units, up 163.36%, while year-to-date sales hit 81,053 units, up 97.97%. New energy vehicle sales, including models produced by Zhejiang Geely Automobile Co., Ltd. and Zhejiang Haoqing Automobile Manufacturing Co., Ltd., showed significant growth.

In related news, the company completed the first grant purchase for its 2025 employee stock ownership plan. As of November 3, 2025, the plan's special account had purchased 10,077,700 shares, representing 0.2229% of the company's total share capital, at an average price of RMB 11.36 per share, totaling RMB 114,477,096.00. The purchased shares will be locked for 12 and 24 months, with 50% unlocking in each period.

Furthermore, Chongqing Qianli Technology will host a webcast on November 11, 2025, from 14:00 to 15:00 to discuss its third-quarter 2025 operating results and financial condition. Investors can submit questions in advance.