Chery Holding Group Co., Ltd.

Chery Holding Group Co., Ltd. (hereinafter referred to as "Chery") started in 1997 as an automotive manufacturer. Chery Auto, a subsidiary of Chery, is the first independent auto brand to achieve sales of over 1 million units in China. Chery entered a new stage of group development with the founding of Chery Holding Co., Ltd. (later renamed "Chery Holding Group Co., Ltd.") in 2010. Chery has operated in upstream and downstream sectors of the automobile industry and has developed into an automotive conglomerate with over 40,000 employees and total assets of over 120 billion yuan. Chery has upheld their core philosophy of "innovation, responsibility and win-win", taken upon itself to serve the country by industry, and aims to become an internationally influential and competitive conglomerate. Through integrating global resources, Chery has developed in a diversified manner with automobiles as its primary business, creating businesses such as automobile, automotive parts, finance, property and modern services. Chery has over 300 member enterprises, including Chery Automobile, Chery Commercial Vehicle, Chery Jaguar Land Rover, Chery Finance and Chery Technology. Chery operates in more than 80 countries and regions, with annual sales of 150 billion yuan. With 10 million customers worldwide, including 2 million overseas customers, Chery has been China's largest passenger vehicle exporter for 19 consecutive years. With customers as our center, Chery has increased its operations in new fields such as new energy, intelligent connection, shared mobility, and platform and ecology, endeavoring to transform from an automotive manufacturer into an inclusive smart mobility service provider. With a full line of products, including new energy passenger vehicles, new energy commercial vehicles, new energy special vehicles and new energy buses, Chery has continuously developed innovative core technologies for new energy vehicles (NEVs) and launched the world's first lightweight electr