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Yumixin founder and CEO Yu Hao and his team went to Germany to select a location for the factory for Yumixin's automotive and major appliances business. This marks a new era for Yumixin's globalization strategy. Information shows that the location of Yumixin Automotive's German factory is near Tesla's Berlin Gigafactory. Yumixin Automotive will also cooperate with BNP Paribas in Paris to prepare for entering the global market. Previously, Yumixin stated that it will continue to invest in the automotive field for the long term, with its first ultra-luxury all-electric product planned to be unveiled in 2027, targeting Bugatti Veyron. (Sina Technology)