Guoxuan High-tech becomes Point A supplier of Chery Automobile

Guoxuan High-tech's wholly-owned subsidiary Hefei Guoxuan High-tech Power Energy Co., Ltd. signed a strategic cooperation agreement with Chery Automobile, and Guoxuan High-tech will become Chery Automobile's point A supplier. This means that Guoxuan High-tech's supply share in all areas of Chery Automobile will be further improved, which will help Guoxuan High-tech expand its scale and improve its profit margin of less than 2%.