Aiwei Automobile's R&D expenses account for a high proportion, with technical personnel accounting for 89.70%

Aivi Auto has invested heavily in research and development. Its research and development expenses from 2020 to the first half of 2023 were RMB 10.3776 million, RMB 21.7212 million, RMB 24.2414 million, and RMB 10.8979 million, respectively, with a total of RMB 67.2381 million. In addition, the proportion of technical personnel in Aivi Auto is as high as 89.70%, which is higher than other companies in the same industry.