Investment inquiries have opened up the "business + equity" cooperation model, and the brand is entering a period of rapid growth.

On August 26th, Wenshi New M7 Pro was officially launched. As a new masterpiece for the second half of the year, this product boasts the largest space in its class, the best driving control, the strongest intelligent driving capabilities, and the best safety performance. It has been praised by Huawei's Executive Director, Director of the Terminal BG, and Chairman of the Intelligent Automotive Solutions BU, Yu Chengdong, as the "best SUV in the 250,000 RMB price range." Wenshi New M7 Pro once again interprets the brand slogan of "smartly reshaping luxury" with excellent overall performance and leading intelligent technology, bringing users an unprecedented ultimate travel experience. The successful launch of Wenshi New M7 Pro is the result of the deepening cooperation between Huawei and Chongqing Sokon Industry Group Stock (601127.SH). Previously, Huawei's rotating chairman Xu Zhijun highly praised the results of this cooperation, stating, "Wenshi is an example of Huawei's successful cross-border cooperation with the automotive industry." Since the two sides reached a cross-border cooperation relationship, the Wenshi brand has quickly emerged in the competitive luxury car market with outstanding performance in technology, quality, and service. The successive release of Wenshi New M5 and Wenshi New M7 Ultra in the first half of the year further enriches the existing product matrix and meets more diversified user needs. In the first half of the year, Wenshi's sales have ranked among the top luxury brands in the Chinese market, with Wenshi M9 firmly leading in sales of luxury cars over 500,000 RMB domestically. In addition, Chongqing Sokon Industry Group Stock's automotive company will invest in Shenzhen Yingwang Intelligent Technology Co., Ltd., holding a 10% stake, jointly supporting the company's future development with Huawei and other strategic partners. This investment in Yingwang Company signifies Chongqing Sokon Industry Group Stock's upgrade to a comprehensive "business + equity" cooperation with Huawei, opening a new starting point for sustainable development of cooperation from 1 to N between the two parties. As the cooperation deepens, Chongqing Sokon Industry Group Stock will firmly support Yingwang in becoming an intelligent open platform for the automotive industry, striving to achieve the annual production and sales goal of Wenshi in the millions within three years, leading to the supply of millions of sets of equipment by Yingwang, achieving a win-win situation. Meanwhile, Huawei and Yingwang will continue to focus on technology as the core DRIVE, helping the Wenshi brand continue to break through and introduce more intelligent automotive products that meet market demands and lead industry trends, bringing a "new luxury" experience to global consumers and jointly contributing to the high-quality development of China's automotive industry.