() Financial Research Center on August 8th, some investors asked (), Hello, Secretary Dong. 1. The company vigorously promotes UTV electric all-terrain vehicles. Are there sufficient orders at present? What are the advantages of the company’s products compared with similar products in the same industry? How many moats (patents) are there? 2. The company’s products are mainly exported, and the customers are relatively single. The sales volume of the largest customer accounts for a high proportion, which is highly dependent and risky. How to deal with this? 3. Does the company enjoy tax incentives and government subsidies as a specialized and innovative small and medium-sized enterprise? 4. The company’s share price has been broken for more than half a year. What positive measures has the management taken to appease investors (such as repurchasing shares, acquiring and merging high-quality upstream enterprises, and holding a seminar on investors’ stock price breaking)?

　　The company replied, Dear investors, hello. In response to your concerns, the reply is as follows: 1. The company’s UTV all-terrain vehicle products are under development and optimization, and have not been mass-produced yet. The company will actively pay attention to market opportunities according to the industry development and market demand, combined with the actual situation of the company; 2. The risk you mentioned: (1) About the region: the company mainly exports, which is determined by the market demand. The global golf courses are mainly concentrated in North America, Europe and some developed countries, and the number of domestic golf courses is small. To this end, the company continues to promote the sales of electric sightseeing bus, trucks, patrol cars and other products in China to increase the domestic market share; (2) About customers: In recent years, the company has adopted the strategy of cultivating high-quality big customers and giving priority to meeting the order demand of big customers, and its performance has been rapidly increased in the past few years. At present, the share of the company’s major customers in the US market is still low. To this end, on the one hand, the company will continue to cooperate with major customers to actively explore the American market and increase its market share; On the other hand, the company is also constantly strengthening its marketing capabilities and striving for more non-American market share. At present, the company’s products have covered the United States, Canada, Mexico, Australia, Vietnam, India, France, Italy, Britain and other countries and regions. However, the customer dependence problem you mentioned will still exist in the short term, so please pay attention to the investment risk; 3. At present, as a high-tech enterprise, the company pays enterprise income tax at a preferential tax rate of 15%; 4. The management of the company has been working hard with a highly responsible attitude towards all shareholders.Ensure the steady development of the company and return to investors. If there are relevant specific plans, the information disclosure obligations will be fulfilled in strict accordance with the regulations. Above, thank you for your attention to the company!

　　As a latecomer in the automotive industry, the initial stage is not smooth. At present, several models on the market are not mainstream models, and there are not many achievements in engines. At present, the latest catalogue information reveals that Lifan has independently developed a new displacement engine-1.5L displacement.

　　LF7152 is the latest catalog number, but Lifan has never registered any 1.5L displacement model catalog before, which means that LF7152 is the first Lifan 1.5L model, but the most surprising thing is not the 1.5L engine, but the catalog number of 7152. A careful look at the catalogue sorting law of Lifan’s existing models can reveal its true intention. The catalog numbers of the series are LF7130/7160()LF7131/7161 (), the catalog number of the series is LF7162, and the catalog number of the series is LF7132. According to the numbers, it is lifan 620 and lifan 320 that are most likely to be equipped with 1.5L engines.

"lifan 620 on sale"

　　Is lifan 620 or lifan 320 the first to carry the newly developed 1.5L engine? It is difficult to judge by the data obtained at present, and the only one that can be compared is the box emission control device. At present, the crankcase model of lifan 620 is MXF-PCV-471, while that of lifan 320 is G01. Because the crankcase model of the model No.7152 is exactly the same as that of lifan 620, it is preliminarily judged that the first matching model is lifan 620. In fact, from the perspective of the model itself, it is more likely that it should be lifan 620. Lifan 320’s is only 2340mm, which is a typical mini car. It is more than enough to use a 65kW 1.3L engine to propel a 900kg car body, and it is not very meaningful to use 1.5L again.

　　About the technical origin of 1.5L engine, we can get a general idea from the engine model. The LF479Q engine was developed by Lifan according to the 8A series, and then it was improved according to its own actual situation, and the LF479Q3 1.3L engine was developed, which was widely used in Lifan’s 520 and 320 models. However, this LF479Q2 is the first appearance. Judging from the Arabic numeral 2 with the suffix, it should be developed at the same time as 1.3L, but the development progress is relatively backward.

　　At present, the information about this 1.5L engine is almost zero. We only know that its data is close to the parameter performance of the LF481Q 1.6L engine, but it will have a big advantage in cost. We will wait and see what its future performance will be. (Text/Xiaosheng)

Cctv news(Reporter Wang Ruxi): On the 21st, there were obvious rainy weather in parts of the central and western Sichuan Basin, the eastern part of the northwest, the western part of Huanghuai, the eastern part of the south of the Yangtze River and the northeast. According to the latest forecast of the Central Meteorological Observatory, on the 22nd, there were heavy rains in parts of northeastern Sichuan Basin, northwestern Chongqing and central Henan, and there were heavy rains in central Henan.

The Henan Meteorological Observatory continued to issue a red rainstorm warning at 13: 20 on August 22, 2021. It is estimated that in the next three hours, the accumulated precipitation in Pingdingshan, Luohe and Xuchang, the southern part of Zhengzhou and Kaifeng, the northern part of Nanyang and the western part of Zhoukou will reach more than 100 mm. According to the actual precipitation ranking of the Central Meteorological Observatory, at 15: 00 on the 22nd, Henan accounted for 8 places in the top ten precipitation areas in China.

On the evening of August 21, many citizens in Zhengzhou parked their private cars on the viaduct in response to the rainstorm. In response, the Zhengzhou traffic police said: "The traffic police department will not illegally handle the temporary parking of vehicles on roads and viaducts due to emergency flood control, reminding the general public not to affect road traffic as much as possible when parking vehicles. After the rainstorm, it is necessary to transfer the vehicles to a position that does not affect traffic in time."

At noon on August 22, Zhengzhou City Defense Office issued a notice requesting 67 bridges and culverts tunnels and 23 small railway bridges and culverts in the urban area to start measures to block traffic and implement traffic control. According to Zhengzhou traffic police, at present, the entrances and exits of the third section of the Beijing-Guangzhou tunnel, the future road tunnel and the Hongzhuan road tunnel have been closed, and the duty personnel are on duty. After the rain increased, Zhengzhou traffic police arranged all police forces to arrive at key intersections and road sections such as culverts, bridges, ponding points, underpass tunnels, etc. to carry out traffic security work, set up warning tape at any time according to the rainfall situation, put warning signs and reflective cones, and fully cooperate with relevant departments to carry out drainage rescue operations.

Moreover, in response to heavy rainfall, China Railway Zhengzhou Bureau Group Co., Ltd. stopped 59 passenger trains for one day from 0: 00 on August 22. Among them, there are 14 through buses and 45 in-line buses. According to the official Weibo news of Zhengzhou Public Transport Corporation and the No.6 Order of Zhengzhou Flood Control and Drought Relief Headquarters, all bus lines in Zhengzhou stopped operating on the 22nd and 23rd.

On August 21, the Flood Control and Drought Relief Headquarters of xinzheng city, Henan Province issued an emergency notice, saying that from 18: 00 on August 21 to 12: 00 on August 23, the whole city took emergency measures to avoid risks. Except for emergency rescue and people’s livelihood security personnel, the whole city stopped work, suspended classes, stopped production, closed business and stopped business. Enterprises that are temporarily unable to stop production due to special reasons should report to the Municipal Flood Control and Drought Relief Headquarters in time and take emergency preventive measures.

According to the official news from Weibo, Propaganda Department of Zhengzhou Xingyang Municipal Committee, Xingyang City has started flood control level I response since 14: 00 on August 21, 2021. All enterprises involved in high temperature and high pressure will stop production, all outdoor operations will stop, shops along the street, underground shopping malls will stop business, all public transport will stop, and scenic spots, dangerous roads and underground culverts in its jurisdiction will be closed. For people living in dangerous areas such as mountain flood geological disaster areas, dangerous reservoirs, downstream of warping dams, low-lying areas prone to waterlogging, damaged houses, etc., organize in advance to avoid risks and move to safe areas.

According to the forecast of the meteorological department, the strongest rainfall in Zhengzhou may occur in the afternoon to the first half of the night. In this regard, Zhengzhou has launched a Class II flood control response. Up to now, Zhengzhou has urgently transferred 240,000 people to avoid danger, and the local rainfall is still going on. All relevant departments are also waiting for it.