DARE AUTO's 2018 Investor Relations Event Successfully Held in Shanghai

On November 9, 2018, Dare Auto successfully held an investor relations event in its Shanghai subsidiary through a conference. Seven securities and fund institutions, including Guohai Securities and Guosheng Securities, attended the event, and Ms. Han Ying, the secretary of the company's board of directors, presided over the meeting.

Ms. Han Ying, on behalf of the company, first expressed gratitude to the investors and investment institutions who have supported the company for a long time, and had in-depth exchanges with investors on the company's business and future development trends. She provided detailed answers to the questions raised by investors about product research and development, competitive advantages, and future development trends. She stated that the company has always adhered to the business development guidance of "focusing on automobiles", and on the basis of consolidating its leading position in the traditional hydraulic steering pump industry, focused on the trend of "electronicization, lightweighting, integration, and new energy" in the automotive industry, increased scientific and technological research and development efforts, actively launched the layout of new technologies, new products, and new businesses, and strived to achieve systematic combination of technology and products, achieve diversified layout of product extension, and enhance the company's internal growth momentum. More investors understand the company and enhance their investment confidence.

At the same time, Ms. Han Ying stated that the company will continue to operate steadily, do a good job in product research and development, sales and other business operations, and repay investors with better results.