Recently, our company's leadership team visited and inspected the Yibin Kaiyi Automobile Smart Factory, and had discussions and exchanges with the management of Kaiyi Automobile on deepening overseas market cooperation. Accompanied by the relevant person in charge of Kaiyi Automobile, the inspection team visited the final assembly workshop, technology research and development center, and intelligent production line on site, gaining a detailed understanding of Kaiyi Automobile's production process, technological innovation, and global strategic layout.

At the symposium, both sides had in-depth discussions on topics such as overseas market expansion, product localization and adaptation, and channel resource sharing. Our company highly recognizes Kaiyi Automobile's achievements in intelligent manufacturing and overseas layout, and proposes to explore new cooperation models in areas such as new energy vehicle exports, overseas brand building, and after-sales service system construction based on their respective advantageous resources. Kaiyi Automobile stated that in recent years, its products have been exported to more than 30 countries including the Middle East, Southeast Asia, and South America. Our General Manager Zhang Mao also exchanged and shared with B-end customers in the Middle East and Southeast Asia. We look forward to further expanding our international market share through strong alliances.

This exchange lays the foundation for future cooperation between the two sides, and in the future, we will accelerate the implementation of cooperation projects, work together to enhance the competitiveness of China's intelligent manufacturing in the international market, and achieve mutual benefit and win-win results.