Chongqing Sokon Industry Group Stock (601127.SH) and Huawei Digital Energy have reached a comprehensive strategic cooperation to jointly promote the high-quality development of the new energy vehicle industry.

On January 4th, Chongqing Sokon Industry Group Stock signed a comprehensive strategic cooperation agreement with Huawei Digital Energy Technology in Shenzhen. The two parties will engage in comprehensive strategic cooperation in the fields of intelligent electric components for new energy vehicles, development and application of new energy vehicle platform technology, construction and operation of new energy vehicle charging networks, and internationalization of new energy vehicles. Based on this, the two parties will jointly create competitive products that pursue the ultimate user experience, build an industrial ecosystem, and promote the high-quality development of the new energy vehicle industry. Attending the signing ceremony were Hou Jinlong, President of Huawei Digital Energy Technology, Dai Jingyue, President of Huawei Digital Energy Intelligent Electric MKT and Sales Services, Wang Chao, President of Huawei Digital Energy Intelligent Electric Product Line, Zhang Xinghai, Chairman (Founder) of Chongqing Sokon Industry Group Stock, He Liyang, President of Chongqing Sokon Industry Group Stock Automotive AITO Jianjie BU, Zhang Liao, COO of Chongqing Sokon Industry Group Stock Automotive AITO Jianjie BU. Dai Jingyue, President of Huawei Digital Energy Intelligent Electric MKT and Sales Services, and Zhang Liao, COO of Chongqing Sokon Industry Group Stock Automotive AITO Jianjie BU, respectively represented the two parties in signing the agreement. Based on Huawei Digital Energy's accumulation in the fields of digital technology and power electronics, as well as Chongqing Sokon Industry Group Stock's advantages in new energy vehicle research and development, manufacturing, sales, and services, the two parties have reached a comprehensive strategic cooperation agreement. According to the agreement, the two parties will focus on deepening cooperation in the following areas: In the area of intelligent electric components, they will jointly develop and manufacture components such as electric drive, on-board charging, range-extender systems, intelligent photovoltaics, chassis integration systems, wire-controlled braking, and integrated drive systems. In terms of innovation and cost reduction in intelligent electric vehicles, they will achieve vehicle-level innovation and cost reduction through E2E technological innovation and scaling, and accelerate the commercialization of intelligent electric vehicle solutions. In joint product and technology development, they will jointly create market-competitive products and technological solutions to provide consumers with an ultimate product experience. In terms of charging networks and supercharging alliances, they will jointly promote the deployment of new energy vehicle charging supercharging networks and realize platform interconnection. In terms of international cooperation, they will jointly promote the technological development of international products and the expansion of international markets. The cooperation between Huawei Digital Energy and Chongqing Sokon Industry Group Stock can be traced back to 2018, when the two parties began to cooperate in the field of intelligent electric vehicles. They successfully achieved product mass production in 2021 and subsequently gained wide recognition from the market and users in AITO Jianjie M5, M7, and other models. Looking ahead, the two parties will explore deeper cooperation models to jointly promote the high-quality development of new energy vehicles.