Zotye Automobile Hits Day Low at CNY 2.38 Amid Price Pressure

Zotye Automobile Co., Ltd. experienced a significant decline in its stock performance today, with shares dropping by 4.33% as of June 8, 2026. The stock reached an intraday low of CNY 2.38, reflecting ongoing challenges within the company. Over the past week, Zotye's performance has been notably poor, with a decrease of 10.0%, compared to a 2.43% decline in the China Shanghai Composite index. In the broader context, Zotye's one-month performance shows a decrease of 7.95%, while its year-to-date performance stands at a substantial loss of 31.16%. Despite a positive annual performance of 18.54%, the company has faced significant headwinds, particularly over longer time frames, with a five-year decline of 52.45% and a staggering 74.95% drop over the past decade. Financial metrics indicate that Zotye is currently net-debt free, but it has reported operating losses and a return on equity of -1,062.35%. The company's net sales for the most recent quarter were recorded at CNY 74.76 million, marking a challenging period for the auto components and equipment manufacturer.