Iat Automobile Technology Co.,Ltd. (300825.SZ) has issued a statement regarding abnormal stock price fluctuations, clarifying the status of its business involving artificial intelligence technology in automotive research and development design.
The company noted recent media coverage of the "White Paper on Intelligent Agents Empowering Automotive R&D Design – From Tool Assistance to Intelligent Native (2026)," which was jointly released by the China Association of Automobile Manufacturers, the company, and major automakers. Following a prudent internal review, Iat Automobile Technology Co.,Ltd. provided the following details on the relevant business.
As of the date of the announcement, the total value of orders on hand for its business applying artificial intelligence technology in automotive R&D design is 1.8921 million yuan. Of this, 888,600 yuan (excluding tax) has been recognized as revenue. The company emphasized that future income from this business is subject to significant uncertainty and does not have a material impact on its current operating performance.
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