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Microvast Sets the Record Straight on J Capital Research Report

The allegations in the short seller J Capital Research Report (“Report”) are unfounded. The Report is basedon errors of fact, misleading speculations, and malicious interpretations of events. It reflects a general misunderstanding of Microvast’s (“the Company”) business model and the commercial success it has achieved with its innovative battery technologies. Ordinarily, this type of Report would not warrant a response as the

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