. FY 2025 RESULTS MARANELLO, FEBRUARY 10, 2026 STRONG PERFORMANCE IN 2025 SETS THE FOUNDATION FOR CONTINUED GROWTH IN 2026 Revenues at ~€7.1B, EBIT(1) at ~€2.1B with +12% growth YoY and industrial free cash flow(1) generation above €1.5B Further enrichment of product line-up with 6 new models, among which the initial steps of reveal of the Ferrari Luce FORWARD LOOKING STATEMENT This document, and in particular the section entitled "2026 Guidance", contain forward-looking statements. These statements may inc ...

Core Viewpoint - ESGL Holdings Limited has noted a unanimous jury verdict in favor of De Tomaso Automobili Holdings Limited, confirming the dismissal of claims by former CEO Ryan Berris and clearing De Tomaso and its owner of all allegations of fraud and dishonesty [1][2][3] Company Overview - ESGL Holdings Limited is a Singapore-based innovator focused on the circular economy, aiming to reduce carbon emissions across industries in Asia [4] - De Tomaso Automobili Holdings Limited is recognized as one of Italy's iconic luxury automotive brands, emphasizing craftsmanship and ultra-exclusive performance vehicles since its revival [6] Legal Outcome - The jury found that Ryan Berris had no equity interest in De Tomaso and was not entitled to the compensation he claimed, including any bespoke limited edition supercar [2] - De Tomaso was awarded damages on its counterclaims for breach of fiduciary duty against Berris [2] Business Combination - ESGL is working towards a business combination with De Tomaso Automobili Holdings Limited, which is subject to Nasdaq approval and customary closing conditions [3][5][7] - There is no assurance that the transaction will be completed [3][5][7]

Core Insights - A decline in auto sales is anticipated, with new car sales projected to drop by 2.4% and used car sales by 0.9% in 2026, following a stagnant 2025 [1] Group 1: Market Trends - The auto industry is experiencing a K-shaped economy, where wealthier consumers continue to thrive while lower- to middle-income earners are reducing their spending on significant purchases like cars [4] - The average price of a new car reached a record $50,000 by September, impacting average households' purchasing decisions [3] Group 2: Economic Factors - Tariffs imposed during the Trump administration are increasing the costs of foreign-built cars and parts, contributing to higher car prices [5] - High interest rates are affecting car sales, with the average 5-year auto loan interest rate at 7.64% as of August, compared to 5.15% in 2020 [5] - Consumers are opting for longer loan terms to manage monthly payments, but monthly payments remain high due to reduced incentives from automakers, which are currently at 6.7% compared to 8% pre-pandemic [6] Group 3: Supply Chain Issues - Pandemic-related supply chain disruptions have led to lower car production, resulting in a tighter supply of nearly new cars and consequently higher prices for used vehicles [7]

雷军表示，小米汽车去年推出的高阶驾驶培训，一共培训了超过1万名车主。成本很高，人均2000元左 右。他提到，去年第一批全部是免费的，今年可能会收个成本价。 责任编辑：何俊熹 责任编辑：何俊熹 新浪科技讯 2月10日晚间消息，小米创办人，董事长兼CEO雷军今日直播，带网友云参观小米汽车科技 展厅和定制服务中心。 新浪科技讯 2月10日晚间消息，小米创办人，董事长兼CEO雷军今日直播，带网友云参观小米汽车科技 展厅和定制服务中心。 雷军表示，小米汽车去年推出的高阶驾驶培训，一共培训了超过1万名车主。成本很高，人均2000元左 右。他提到，去年第一批全部是免费的，今年可能会收个成本价。 ...

Core Viewpoint - NIO is focusing on maintaining technological and product leadership while enhancing operational efficiency to ensure sustainable growth and profitability in the competitive electric vehicle market [4][8]. Group 1: Company Achievements and Growth - NIO held an all-hands meeting on February 9, where CEO Li Bin highlighted the company's achievements in 2025 and outlook for 2026, introducing a "Special Contribution Award" to recognize outstanding teams and projects [5]. - The new ES8 model delivered 60,000 units in just 134 days, significantly contributing to NIO's profitability in Q4 [5][12]. - NIO's sales grew by 47% year-on-year, with over 70% growth in the second half of the year, marking the production of the 1 millionth vehicle in January [7][16]. Group 2: Technological Advancements - Li Bin emphasized the importance of NIO's "three core components": the self-developed smart driving chip NX9031, the SkyOS operating system, and the intelligent chassis, all set to be implemented in 2025 [7][13]. - The NX9031 chip, produced using a 5nm process, is a significant achievement for NIO, showcasing the company's commitment to advanced technology [7][13]. - NIO's ET9 model remains one of the most technologically advanced vehicles globally, attributed to its proprietary chip and integrated systems [13][14]. Group 3: Future Strategies and Goals - NIO aims to achieve annual Non-GAAP profitability as a foundation for sustainable development, with a focus on operational efficiency and user value creation [8][19]. - The company plans to build 1,000 new battery swap stations this year, increasing its total to over 4,600 by year-end, highlighting the importance of battery swapping in its business model [16][18]. - NIO's goal is to maintain a 40%-50% annual growth rate, targeting 5 million vehicles by 2035, while ensuring high user satisfaction [22][23].

新浪科技讯 2月10日晚间消息，小米创办人，董事长兼CEO雷军今日直播，带网友云参观小米汽车科技 展厅和定制服务中心。 雷军表示，前段时间第一代小米SU7最后一辆车下线，意味着完全停产了。购买这辆车的车主是一位老 米粉，称对小米有深厚的感情，一定要买一辆第一代小米SU7。 雷军透露，第一代小米SU7量产了接近37万辆，目前产线正在改造，为新一代小米SU7的量产做准备。 责任编辑：何俊熹 新浪科技讯 2月10日晚间消息，小米创办人，董事长兼CEO雷军今日直播，带网友云参观小米汽车科技 展厅和定制服务中心。 雷军表示，前段时间第一代小米SU7最后一辆车下线，意味着完全停产了。购买这辆车的车主是一位老 米粉，称对小米有深厚的感情，一定要买一辆第一代小米SU7。 雷军透露，第一代小米SU7量产了接近37万辆，目前产线正在改造，为新一代小米SU7的量产做准备。 责任编辑：何俊熹 ...

新浪科技讯 2月10日晚间消息，今日，小米集团创始人、董事长兼CEO雷军开启小年夜直播，雷军在直 播中表示，两年前自己就想推出汽车个性化定制服务，既能满足个别车主想做一款独一无二的车的想 法，也能为研发部门提供一个和用户沟通、洞察用户的工作室。"我相信在大众的车里很少有这种定制 中心，一般只有豪车品牌才有。"他表示。 新浪科技讯 2月10日晚间消息，今日，小米集团创始人、董事长兼CEO雷军开启小年夜直播，雷军在直 播中表示，两年前自己就想推出汽车个性化定制服务，既能满足个别车主想做一款独一无二的车的想 法，也能为研发部门提供一个和用户沟通、洞察用户的工作室。"我相信在大众的车里很少有这种定制 中心，一般只有豪车品牌才有。"他表示。 直播中，工作人员表示，小米定制中心运营到现在，有不少家庭前来参观，其中有孩子的家庭差不多有 三分之一。 责任编辑：何俊熹 直播中，工作人员表示，小米定制中心运营到现在，有不少家庭前来参观，其中有孩子的家庭差不多有 三分之一。 责任编辑：何俊熹 ...

The European Commission has approved a request by Volkswagen's CUPRA brand to free its Tavascan SUV coupe, which is made in China and shipped to Europe, from import tariffs in exchange for a minimum price model, a company spokesperson said on Tuesday. ...

Core Insights - Rowan Street Capital's Q4 2025 investor letter indicates solid results for the year, but underperformance compared to the S&P 500 Index, with a return of +11.1% versus +17.9% for the Index [1] - The firm achieved a cumulative net return of +252% over the past three years, significantly outperforming the Index's +78% during the same period [1] - The performance in 2025 was notably driven by Tesla, which was a new position for Rowan Street [1] Company Performance - Tesla, Inc. (NASDAQ:TSLA) closed at $417.32 per share on February 9, 2026, with a one-month return of -6.68% and a twelve-month increase of 27.04% [2] - Tesla has a market capitalization of $1.566 trillion, indicating its significant presence in the market [2] Investment Strategy - Tesla was the only new core investment initiated by Rowan Street in 2025, with the position being built during a period of low investor confidence [3] - Tesla ranks 23rd among the 30 Most Popular Stocks Among Hedge Funds, with 120 hedge fund portfolios holding the stock at the end of Q3 2025, an increase from 115 in the previous quarter [4] - While acknowledging Tesla's potential, the firm suggests that certain AI stocks may offer greater upside potential with less downside risk [4]

2025 年，小米汽车亦庄工厂全年接待了 13 万名游客参观和体验。据小米官方介绍，位于北京经济技术 开发区的小米汽车工厂（IT之家注：占地 71.8 万平方米），入选"2024 北京市工业旅游示范点"。作为 新能源汽车生产与研发基地，园区现对外开放技术展示与生产观摩体验。 IT之家 2 月 10 日消息，今日，小米集团创始人、董事长兼 CEO 雷军开启小年夜直播。 雷军在直播中表示，小米汽车工厂第一个特点是高度智能化，工厂里面有六七百台机器人，可以做到组 装的所有环节是百分之百自动组装的，也是做到了百分之百的自动检测，智能化程度非常高。整个厂房 的屋顶都铺设了自发电的光伏板。工厂的用电全部来自于屋顶的自发电的光伏板。 在工厂中，参观人员可亲眼见证小米 SU7 的关键技术，从平台架构、一体化压铸件，到铠甲笼式钢铝 混合车身、人车家全生态体验。参观结束后，可选购工厂特色文创纪念品，在小米食堂体验小米特色餐 食。 小米汽车工厂六大核心车间 —— 压铸、冲压、车身、涂装、总装、电池专为新能源时代量身打造，搭 配总长 2.5 公里的测试跑道，共同构成智能制造的基础框架。园区内设有独具特色的小米汽车工厂店和 包含 29 ...