New Energy Passenger Vehicles

BYD is a high-tech enterprise committed to "meeting people's yearning for a better life with technological innovation". Founded in February 1995, BYD has established more than 30 industrial parks in the world after 20 years of rapid development, realizing the strategic layout of six continents. BYD's business layout covers electronics, automobile, new energy, rail transit and other fields, and plays a decisive role in these fields. From energy acquisition, storage, and application, BYD is a listed company in Hong Kong and Shenzhen, with a turnover and total market value of more than 100 billion yuan.

Beijing New Energy Automobile Co., Ltd. (hereinafter referred to as BAIC New Energy, securities name: BAIC Blue Valley, securities code: 600733) is a state-controlled high-tech listed company and green intelligent travel integrated solution provider, committed to creating an electric, intelligent and personalized driving experience for users, and building a new ecology and new pattern of integrated development of automobile and energy, Internet, AI artificial intelligence industries, Build a future oriented green intelligent technology service platform. BAIC New Energy provides customers with competitive, safe and reliable products, solutions and services in the fields of intelligent connected electric vehicles, charging and changing operations, time-sharing leasing, etc. It adheres to the concept of "open sharing" and cooperates extensively with ecological partners. Since its establishment in 2009, BAIC New Energy has taken electrification as a breakthrough, scientific and technological innovation as the core, and a new road of development with a new concept of car building. BAIC New Energy's global R&D center in six countries and eight places has mastered the core technology of EIC, built a new platform for the systematic development of new energy vehicles, and has fully entered the era of vehicle artificial intelligence with the release of the "Darwin System" technology brand.

Chang'an Automobile is one of the four groups of Chinese automobile companies. It has 160 years of history and 38 years of car building experience. It has 14 production bases and 33 complete vehicle, engine and transmission factories around the world. In 2014, the sales volume of Chang'an Chinese brand cars exceeded 10 million in total. In 2021, the total sales volume of Chang'an Chinese brand cars will exceed 20 million. Changan Automobile has more than 11000 engineering and technical personnel from 24 countries around the world, and has established a global collaborative R&D pattern of "six countries and nine places" with respective emphasis in Chongqing, Beijing, Dingzhou, Hebei, Hefei, Anhui, Turin, Italy, Yokohama, Japan, Birmingham, the United Kingdom, Detroit, the United States and Munich, Germany. It has a professional automobile R&D process system and test verification system to ensure that each product can meet the requirements of users for 10 years or 260000 km. In 2017, Chang'an Automobile launched the "Third Entrepreneurship - Innovation and Entrepreneurship Plan" to build culture, efficiency and software capabilities into core competitiveness, transform into an intelligent low-carbon travel technology company, and strive to build a "new car+new ecology". Chang'an Automobile has launched CS series, Escape series, UNI series and other hot selling products. In the field of intelligence, the "Beidou Tianshu Plan" was released to provide users with a "four heart" automobile platform that is reassuring, happy, caring and worry free. Through the action of "bosom friends, co creation, intelligent experience, intelligent alliance, and thousands of people and billions of dollars", intelligence will be built into the core pillar of growth and security products, brand improvement, transformation and upgrading. In the field of new energy, the "Shangri La Plan" was released, and four strategic actions were formulated. It is expected that by 2025, traditional fuel vehicles will be completely stopped, and the electrification of all family products will be realized. Chang'an Automobile actively seeks joint venture cooperation, establishes joint ventures such as Chang'an Ford and Chang'an Mazda, imports Chinese brand products to the joint venture, and establishes a new mode of joint venture cooperation between Chinese automobile enterprises. Chang'an Automobile always takes "leading automobile civilization and benefiting human life" as its mission, takes customers as the center, products as the main line, and continues to provide high-quality products and services, creating a good environment and development space for employees, taking more responsibilities for the society, striving to promote the third entrepreneurship - innovation and entrepreneurship plan, transforming into an intelligent low-carbon travel technology company, and striving to achieve world-class automobile enterprises. Technology Chang'an Smart Partner!

Volkswagen (German: Volkswagen) is an automobile manufacturing company headquartered in Wolfsburg, Germany, and the core enterprise of Volkswagen Group, one of the world's four largest automobile manufacturers. In 2019, it ranked 9th in Fortune Global 500. Volks means "national" in German, Wagen means "automobile" in German, and the full name means "national automobile", so it is often referred to as "VW". Taiwan is translated into Flowserve, Hong Kong, Macao and mainland are translated into Volkswagen or Flowserve. In 2012, the entire auto group produced and sold more than 9.07 million vehicles, while the Volkswagen brand exceeded 5.74 million vehicles. Volkswagen Group has established a set of control structures covering the following four regions: Europe/other markets, North America, South America/South Africa and Asia Pacific markets. Financial Services and Europcar business units are jointly managed by Financial Services. Volkswagen has 45 manufacturing plants in 18 countries around the world Volkswagen Group operates 45 manufacturing plants in 11 countries in Europe and 7 countries in the Americas, Asia and Africa. The total number of employees in the world exceeds 500000, and each working day can produce more than 21500 cars, while providing various automobile related services. Volkswagen's products are sold in more than 150 countries worldwide. The goal of Volkswagen Group is to provide consumers with safe, environmentally friendly, attractive and competitive automotive products, representing the highest level of similar products in the world.

Hongqi is a car brand directly operated by FAW. On January 8, 2018, FAW released the new red flag brand strategy, taking "Chinese style new noble refined doctrine" as the brand concept. On July 31, 2018, the 60th anniversary celebration of the Red Flag brand officially kicked off. On October 23, 2018, Hongqi Brand signed a contract to become the diamond partner of the 5th World Internet Conference. On January 29, 2019, FAW Red Flag officially reached a strategic cooperation with the Forbidden City. On March 26, 2019, Hongqi Brand joined hands with Yu Lina, a violin artist, to jointly produce the original music theater True Love · Butterfly Lovers. The first Red Flag Carnival was successfully held on July 12, 2019. In December 2019, Red Flag was selected as one of the Model 100 Brands in 2019 China Brand Power Festival. In April 2022, FAW joined hands with Israel's Samelet Group to hold the launch ceremony of Red Flag flagship model E-HS9 in Tel Aviv, the central city of Israel, which marks the official landing of Red Flag vehicles in the Israeli market.

Ideal Automobile is a new energy vehicle manufacturer in China. It designs, develops, manufactures and sells luxury intelligent electric vehicles. It was founded in July 2015. Through product innovation and technology research and development, it provides safe and convenient products and services for family users. Li Xiang is a famous serial entrepreneur in China. He once founded the Auto Home (NYSE: ATHM), the most visited auto website in the world. On July 30, 2020, Ideal Auto was officially listed on the NASDAQ stock market of the United States with the stock code of "LI". The first product of Ideal Car is Ideal ONE, which was released in October 2018. It is an intelligent electric medium and large SUV, equipped with leading extended range electric technology and intelligent technology, providing family users with a comfortable space of six seats. In 2020, Ideal ONE will win the first place in China's new energy SUV market sales, and become the first place in domestic vehicle sales of more than 300000 yuan. By the end of June 2022, the cumulative delivery of the Ideal ONE has reached 184491. On June 21, 2022, the Ideal Car officially launched the Ideal L9, the flagship SUV of home intelligence

Dongfeng Motor Co., Ltd. (stock code: 600006, stock abbreviation: Dongfeng Motor) is a limited liability company exclusively initiated by Dongfeng Motor Corporation in 1998 to reorganize the assets and businesses related to light commercial vehicles and diesel engines of its subordinate light vehicle factories, diesel engine factories and the third foundry factory. It was established by means of social fund-raising and was listed on the Shanghai Stock Exchange on July 27, 1999. In 2003, Dongfeng Motor Corporation and Nissan Motor Corporation of Japan cooperated comprehensively and deeply to establish the largest joint venture company in the domestic automobile industry - Dongfeng Motor Co., Ltd. The controlling shareholder of Dongfeng Motor Co., Ltd. was changed to Dongfeng Motor Co., Ltd. As of December 31, 2008, the company had 8254 employees, including 1194 technicians. Dongfeng Motor Co., Ltd. is mainly composed of four branches: Automobile Branch, Casting Branch, Carriage Branch, Changzhou Dongfeng Motor Co., Ltd., three business divisions: Engineering Vehicles, Overseas and Special Vehicles, Dongfeng Cummins Engine Co., Ltd., Zhengzhou Nissan Automobile Co., Ltd., Dongfeng Light Engine Co., Ltd., Dongfeng Xiangyang Touring Car Co., Ltd., Dongfeng Yulong Automobile Sales Co., Ltd Dongfeng Xiangyang Logistics Industry and Trade Co., Ltd., Dongfeng Xiangyang Special Purpose Vehicle Co., Ltd., Shanghai Jiahua Investment Co., Ltd. and other 10 holding subsidiaries, with business layout in Wuhan, Xiangyang, Shiyan, Zhengzhou and Changzhou. The production and sales volume of Dongfeng series light commercial vehicles ranks second in the industry. Dongfeng Cummins Engine Co., Ltd., which holds 50% of the company's shares, is the largest medium and heavy power production base in China, with its products covering B, C, L series 4-9L mechanical and fully electronic controlled diesel engines, and its power range is 100-545 horsepower. Zhengzhou Nissan Automobile Co., Ltd., in which the company holds 50% shares, is the largest high-end pickup truck production base in China. Dongfeng Xiangyang Touring Vehicle Co., Ltd., which holds 90% of the company's shares, produces and sells bus chassis and series buses, among which the sales volume of bus chassis ranks first in the domestic industry.

Zhejiang Jikrypton Intelligent Technology Co., Ltd. was established in March 2021, and launched Jikrypton brand and its first product - Jikrypton 001 in April 2021. Jikrypton is an intelligent travel technology company driven by intelligence, digitalization and data. Adhering to the concept of user oriented enterprise, focusing on the research and development of intelligent electric travel forward-looking technology, it builds a scientific and technological ecosystem and a user ecosystem. With the mission of "creating a travel life of extreme experience together", it is committed to bringing users the ultimate travel experience from product innovation, user experience innovation to business model innovation. The birth of Krypton Pole is different from the traditional car making and new force mode, realizing the rapid evolution of intelligent pure electricity, and opening up the "Krypton Pole Mode" for the development of the third track of pure electricity. Jikrypton is committed to establishing new user relationships, achieving co creation with users, evolving continuously according to user needs and creativity, and achieving equal integration between enterprises and users. As of October 1, 2022, Krypton announced the latest monthly delivery data. In September, Krypton 001 delivered a total of 8276 vehicles, with a total of 45481 vehicles delivered.

Xiaopeng Automobile was founded in 2014, headquartered in Guangzhou, a leading intelligent electric vehicle company in China. It is an Internet electric vehicle brand under Guangzhou Orange Smart Automotive Technology Co., Ltd., initiated by He Xiaopeng, Xia Heng, He Tao, etc. The main members of the team are from well-known automobile and large parts companies such as GAC, Ford, BMW, Tesla, Delphi, Valeo, as well as well-known Internet technology enterprises such as Alibaba, Tencent, Xiaomi, Samsung, Huawei, etc. In January 2018, Xiaopeng Automobile delivered 39 new cars, and became the first Internet car manufacturer to enter the sales list of new energy vehicles of China Passenger Car Association; On January 29, Xiaopeng Auto officially announced the launch of round B financing of 2.2 billion yuan. On the evening of August 27, 2020, Xiaopeng Auto officially landed on the New York Stock Exchange with the stock code of "XPEV". On April 14, 2021, Xiaopeng Auto officially launched Xiaopeng P5. On July 7, Xiaopeng Auto was officially listed on the main board of the Stock Exchange of Hong Kong with the stock trading code of "9868". On September 15, 2021, Xiaopeng P5 will be listed. On the morning of October 11, the 100000th complete vehicle of Xiaopeng Automobile officially went off the production line. On November 1, 2021, Xiaopeng Automobile established a new company in Urumqi with a registered capital of 10 million yuan. In October 2022, Guangdong Xiaopeng Auto Technology Co., Ltd. will undergo industrial and commercial changes, and its registered capital will increase from 20 billion yuan to 30 billion yuan, a 50% increase.

New energy vehicle refers to the vehicle with advanced technical principles, new technology and new structure, which uses unconventional vehicle fuel as the power source (or uses conventional vehicle fuel and new on-board power unit) and integrates the advanced technologies in vehicle power control and drive. New energy vehicles include pure electric vehicles, incremental electric vehicles, hybrid electric vehicles, fuel cell electric vehicles, hydrogen engine vehicles, etc. In November 2020, the General Office of the State Council issued the New Energy Vehicle Industry Development Plan (2021-2035), which requires the in-depth implementation of the national strategy for the development of new energy vehicles, promoting the high-quality and sustainable development of China's new energy vehicle industry, and accelerating the construction of a powerful automobile country. By the end of May 2021, according to the China Automobile Industry Association, China has about 5.8 million new energy vehicles, accounting for about 50% of the global total. In 2021, the annual output of new energy vehicles will be 3.677 million, an increase of 152.5% over the previous year, ending the three consecutive years of negative growth. It is estimated that in 2022, China's automobile sales are expected to reach 27.5 million vehicles, with a year-on-year growth of 5.4%, the growth rate of passenger vehicles will reach 8%, and the sales of new energy vehicles will soar to 5 million vehicles. In the first half of 2022, the sales volume of new energy vehicles in China will increase 1.2 times. In October 2022, the production and sales of new energy vehicles hit a new monthly record high, reaching 762000 and 714000 respectively, with year-on-year growth of 87.6% and 81.7%, and the market share rose to 28.5%. In the first 10 months of 2022, the production and sales of new energy vehicles will reach 5.485 million and 5.28 million respectively, with a year-on-year growth of 1.1 times and a market share of 24%.

The AI ​​smart pure electric SUV JIDU 01 represents a Chinese smart car brand with AI technology innovation, and interprets the future of AI smart travel. JIDU 01 with two body colors, Galaxy Purple and Starry Orange, was unveiled on the same stage, and JIDU brand charging piles were also exhibited. JIDU 01 has been widely recognized for its outstanding robot aesthetic design and smart intelligent performance.