The amount of related-party transactions between Furuitech and Geely has increased year by year

According to the prospectus submitted by Furuitech, the company provided products and services to Geely Holding for RMB 100 million, RMB 64.53 million, RMB 393 million and RMB 114 million in 2021, 2022, 2023 and the first half of 2024, respectively. In addition, Furuitech also predicted that the company's products and services to Geely Holding will reach RMB 1.115 billion, RMB 1.33 billion and RMB 1.548 billion from 2025 to 2027.