Core Viewpoint - The company is actively pursuing legal actions against malicious online activities and false statements that harm its reputation and the online environment [1] Group 1: Legal Actions and Monitoring - Since 2025, the company’s legal department has completed legal assessments on 16,465 pieces of online sentiment data, focusing on monitoring 231 online accounts [1] - The company has filed civil lawsuits against 92 malicious infringement accounts to hold the infringers legally accountable, with some cases already in court [1] - The company has initiated a total of 35 lawsuits to assist car owners who have been unjustly attacked online, indicating a commitment to protecting its customers [1] Group 2: Commitment to Brand Protection - The company adopts a "zero tolerance" approach towards online infringement and will enhance sentiment monitoring to ensure accountability [1] - The legal department will utilize legal means to combat all forms of infringement, aiming to protect brand reputation and user reputation [1] - The company emphasizes that the online space is not lawless and that freedom of speech has its limits, urging respect for facts and rational discourse [1]

Core Viewpoint - The company has reported a surge in misleading negative information targeting its vehicle owners across various online platforms, which has significantly harmed the image of its users and disrupted their daily lives [1] Group 1: Negative Information Campaign - The company received multiple reports from vehicle owners about a concentrated emergence of misleading negative evaluations on various platforms [1] - The negative information has been continuously published across multiple platforms for 24 hours, showing characteristics of high frequency and content homogeneity, suggesting organized illegal activities [1] - On August 3, for instance, one platform alone saw 45 identical videos with the theme "Previously, I never noticed, Li Auto owners, no exceptions, all park randomly..." published from midnight to 7 AM [1] Group 2: Legal Actions - The company has stated its commitment to stand behind every vehicle owner and is in the process of gathering evidence related to these activities [1] - The company plans to pursue all legal avenues, including platform complaints, civil lawsuits, and criminal reports, to hold accountable those behind the negative information campaign and protect the rights of its users and the company itself [1]

Group 1 - The company has signed a strategic cooperation agreement with Wanda Group, where its subsidiary, Suning International, will hold 4.02% of Wanda Commercial Management's shares [1] - The company is actively pursuing legal actions against Wanda Group and Wanda Commercial Management for breach of contract and to protect its rights as a minority shareholder [1][2] - The company has initiated arbitration and litigation to demand Wanda Group fulfill its payment obligations and to contest the validity of asset sale resolutions made by Wanda Commercial Management [1][2] Group 2 - The arbitration request for share repurchase was not supported by the arbitration ruling, but the company will continue to seek legal avenues to recover its rights [2] - As of June 30, 2025, the company and its subsidiaries have undisclosed litigation and arbitration cases totaling approximately 677 million yuan as plaintiffs and 445 million yuan as defendants [2] - The impact of ongoing legal cases on the company's financial results remains uncertain, but the arbitration ruling is not expected to significantly affect daily operations [2]