Aikodi is expanding both the supply and demand sides simultaneously, and expects new projects and new production capacity to contribute to growth

Aikodi is expanding both on the supply and demand sides, and expects that the implementation of new projects and new production capacity will bring more incremental performance to the company. On the demand side, the company's new energy vehicle product orders continue to expand, and on the supply side, the company is expanding the production capacity of Ningbo Cicheng, Mexico, and Ma'anshan factories. Among them, the Cicheng factory is ramping up, the first phase of Mexico has been put into production in the second half of 2023, and the second phase of Mexico is expected to be put into production in 2025.