Xingmin Zhitong: The company signs a strategic cooperation agreement with Beijing Automotive Group Limited Company.

Xingmin Zhitong Announcement: The company has signed a strategic cooperation agreement with Beijing Automotive Group Limited. Both parties will engage in resource sharing and professional cooperation in the areas of new energy vehicle technology research and development, vehicle sales, etc. The cooperation includes innovation and optimization of wheel products, joint development of intelligent connected technology, platform construction and operation, business model innovation, vehicle sales and procurement, joint industry standard setting, and capital cooperation, etc. This agreement is a strategic cooperation framework agreement, and specific cooperation details and implementation details are yet to be further clarified and confirmed.