Zhongtai announced the resumption of production of the whole vehicle: the preparation work has been basically completed, and the first batch of T300 models that will be resumed production will be put off the line.

CTOnews.com October 19 news, yesterday night, ST Zhongtai issued a "notice on the resumption of vehicle production."

ST Zhongtai said that since the completion of the reorganization at the end of 2021, the company has been committed to the resumption of vehicle production, and at present, the preparation work before the resumption of production has been basically completed, and the company plans to launch the first batch of T300 models in Yongkang base on October 20, 2022 and hold a launching ceremony.

CTOnews.com learned that the Zhongtai T300 is a small SUV with a previous price of 4.59-93800 yuan.

Earlier this month, ST Zhongtai said on the investor interaction platform that the company's vehicle business had stopped production in the first two years. T300 is one of the re-production models of the company, and the production quantity will be carried out according to the company's business plan.

In addition, ST Zhongtai's 6 billion yuan capacity expansion plan was also approved by the shareholders' meeting. As of October 10, the number of ST Zhongtai shareholders is about 67000. ST Zhongtai will disclose the third quarterly report of 2022 on October 31, 2022.