GP and Dongfeng Motor Co., Ltd. signed the Strategic Cooperation Framework Agreement

GP and Dongfeng Motor Co., Ltd. signed the Strategic Cooperation Framework Agreement on New Energy Automobile Industry in Henan province, and Party A and Party B signed the framework Agreement. According to the cooperation content, Party A and Party B sign this Agreement to fully realize long-term cooperation, conduct in-depth communication and discussion in passenger vehicles, logistics vehicles, commercial vehicles and other fields, and develop suitable new energy vehicle power battery system, share resource platform, accelerate forward development, and realize sustainable common development.

GP will actively cooperate with Dongfeng's battery demand, jointly promote the in-depth research of the new energy vehicle industry, and continue to supply spare parts, spare parts and components within the range of the power battery system of new energy vehicles, as well as various market application fields, with passenger cars, micro cars and logistics vehicles as the breakthrough point.

Cooperation of both sides will give full play to their respective advantages, collection services, and technology platform, sales platform, such as resources, actively in new energy automobile power battery and energy storage arrangement in utilization, automotive OEM market operation and other aspects to carry out the depth of cooperation, the cooperation innovation of new energy vehicles application research, promote new energy vehicles business. This cooperation will be another milestone for GP in the field of new energy vehicles, which will help improve the company's future performance level and meet the interests of the company and all shareholders.