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Lotus Technology Inc. Announces Filing of Annual Report on Form 20-F

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Lotus Technology Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. Shareholders can access the report on the company's investor relations website. Hard copies are available upon request. Contact the IR department for more information.
Lotus Technology Inc. ha presentato il suo rapporto annuale sul modulo 20-F per l'anno fiscale conclusosi il 31 dicembre 2023. Gli azionisti possono consultare il rapporto sul sito web delle relazioni con gli investitori della compagnia. Copie cartacee sono disponibili su richiesta. Per maggiori informazioni contattare il dipartimento IR.
Lotus Technology Inc. ha presentado su informe anual en el Formulario 20-F para el año fiscal que finalizó el 31 de diciembre de 2023. Los accionistas pueden acceder al informe en el sitio web de relaciones con inversores de la empresa. Hay copias impresas disponibles bajo solicitud. Contacte al departamento de relaciones con inversores para más información.
로터스 테크놀로지 인크가 2023년 12월 31일로 마감된 회계 연도에 대한 연례 보고서를 Form 20-F에 제출했습니다. 주주들은 회사의 투자자 관계 웹사이트에서 보고서를 열람할 수 있습니다. 요청 시 인쇄본을 제공받을 수 있습니다. 더 많은 정보를 원하시면 IR 부서에 연락하십시오.
Lotus Technology Inc. a déposé son rapport annuel sur le formulaire 20-F pour l'exercice clos le 31 décembre 2023. Les actionnaires peuvent accéder au rapport sur le site web des relations investisseurs de l'entreprise. Des copies imprimées sont disponibles sur demande. Contactez le département des relations investisseurs pour plus d'informations.
Lotus Technology Inc. hat seinen Jahresbericht auf Formular 20-F für das am 31. Dezember 2023 beendete Geschäftsjahr eingereicht. Aktionäre können den Bericht auf der Website für Investorenbeziehungen des Unternehmens einsehen. Auf Anfrage sind gedruckte Exemplare erhältlich. Kontaktieren Sie die IR-Abteilung für weitere Informationen.
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Insights

The submission of the Form 20-F is a quintessential report for Lotus Technology Inc. as it details the company's financial health and operational performance. An examination of the audited consolidated financial statements will reveal the company's revenue, profit margins and cash flow situation. These figures are vital for assessing the company's growth trajectory and its ability to sustain competitive advantage, particularly as a player in the burgeoning luxury electric vehicle market. The report may also shed light on the company's operational costs and capital expenditures, which are critical factors considering the capital-intensive nature of the automotive industry. Investors should closely scrutinize the research and development line items, as ongoing innovation is key to maintaining relevance in the EV space. Furthermore, the debt levels and liquidity ratios will be of interest, as they indicate the company's financial resilience against market volatility and potential economic downturns.

In the context of the electric vehicle industry, the data contained within Lotus Tech's Form 20-F provides insight into the company's market positioning. By analyzing the geographic distribution of revenues and growth in various regions, investors can deduce market penetration and the success of international expansion strategies. Additionally, investor sentiment often hinges on the forward-looking statements contained in annual reports. The management's discussion and analysis section will likely outline strategic initiatives and potential new market entries. This narrative can provide investors with clues about how Lotus Tech plans to navigate the competitive landscape and address the ever-evolving consumer demands for luxury EVs. Comparing Lotus Tech's performance against industry benchmarks and competitors' results may also offer perspective on its market share gains or losses, innovation leadership and operational efficiency.

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, today announced that its annual report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.

The annual report can be accessed on the Company's investor relations website at https://ir.group-lotus.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the contact of IR department, ir@group-lotus.com.

About Lotus Technology Inc.
Lotus Technology Inc. has operations across China, the UK, and the EU. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.

Contact Information
For investor inquiries
Demi Zhang
ir@group-lotus.com

For media inquiries
Brunswick Group
Lotustechmedia@brunswickgroup.com



FAQ

What type of report did Lotus Technology Inc. file for the fiscal year ended December 31, 2023?

Lotus Technology Inc. filed its annual report on Form 20-F for the fiscal year ended December 31, 2023.

Where can shareholders access the annual report filed by Lotus Technology Inc.?

Shareholders can access the annual report on Lotus Technology Inc.'s investor relations website at https://ir.group-lotus.com.

How can shareholders obtain a hard copy of the annual report from Lotus Technology Inc.?

Shareholders can request a hard copy of the annual report containing audited financial statements free of charge. They should contact the IR department at ir@group-lotus.com for assistance.

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