Recently, the core team of a leading Indian public transport operator visited our company for inspection and exchange. Both parties conducted in-depth discussions on core issues such as electric bus power battery supply and long-term strategic cooperation, and successfully reached a consensus, officially signing the first batch of bus power battery procurement orders. This cooperation marks the successful entry of our company's customized commercial vehicle power battery solutions into the Indian new energy public transport market, adding another important milestone to our overseas business layout.

This cooperation stemmed from the client's need for battery upgrades in existing vehicles. It is understood that a large number of King Long brand electric buses owned by this Indian client have reached the end of their service life and urgently need to be replaced with compatible batteries. Their original batteries use a special 200S640VDC architecture. Due to the special architecture parameters, standardized battery products on the market cannot be fully matched and adapted. Battery replacement faces industry pain points such as difficulty in adaptation, poor compatibility, and substandard performance, which has long hindered the normal operation of vehicles and the upgrading of new energy vehicles.

Addressing the personalized and differentiated adaptation challenges faced by our clients, our technical team, drawing upon years of R&D experience and project expertise in the new energy power battery field, precisely analyzed the original vehicle architecture parameters, operating conditions, and performance requirements. Based on our mature, standardized liquid-cooled battery system (192S614.4VDC) as the core foundation, we conducted specialized technical upgrades and customized optimizations. With a slight increase in overall cost, our customized battery products perfectly adapt to the original vehicle's 200S640VDC architecture. All technical parameters, safety performance, range, and operating condition compatibility fully meet the client's operational standards, efficiently solving the industry adaptation challenges of replacing existing bus batteries. Our high cost-effectiveness, high compatibility, and high safety have earned high recognition from our clients.

As a professional manufacturer of commercial vehicle power batteries, we consistently focus on the new energy power field, relying on a comprehensive R&D system, mature production processes, and stringent quality control standards to build a full-coverage, multi-scenario battery product matrix. The company's business broadly covers diverse commercial vehicle sectors, including electric buses, passenger buses, new energy trucks, agricultural tractors, and marine power vehicles. It also provides customized energy storage battery services for different industries, equipment, and operating conditions, possessing full-chain service capabilities from technology research and development, product customization, mass production to after-sales support.

This successful collaboration with a leading Indian public transportation company is a strong testament to our customized technology strength and competitiveness in overseas markets, and a significant breakthrough in our deep cultivation of the overseas new energy market. In the future, we will continue to leverage technological innovation to upgrade our products, refine high-quality, highly adaptable, and highly reliable power batteries and energy storage solutions, and continue to cultivate the domestic and international commercial vehicle new energy supporting market. With decades of intelligent manufacturing experience, we will empower global new energy customers and contribute to the green and low-carbon transformation of the global transportation sector.