On the morning of August 27, 2024, Shen Yumou, Secretary of the Party Leadership Group and Director of the Hunan Provincial Department of Commerce, led a delegation to ZMEV LIMITED (hereinafter referred to as "ZMEV") to conduct in-depth research on the company's new energy vehicle overseas strategy and business development. Shuai Jun, member of the Party Working Committee and deputy director of the Management Committee of Hunan Xiangjiang New District, Zheng Ping, Secretary of the Party Leadership Group and Director of the Municipal Bureau of Commerce, Zhang Zhongwen, Director of the Office of the Provincial Department of Commerce, Yang Yi, Director of the First Division of Provincial Regional Cooperation, Yang Ye, Deputy Director of the First Division of Provincial Regional Cooperation, and Hu Yujia, Office of the Provincial Department of Commerce, accompanied the inspection. The senior leadership team of ZMEV gave a warm welcome and accompanied the whole process.

Under the guidance of the company's person in charge, Director Shen Yumou and his party first visited the office area of ZMEV and learned in detail about the company's operating conditions, business model and layout of overseas new energy projects. Director Shen highly praised the company's professionalism and international vision, and expressed full confidence in the company's future development prospects. The two sides then held a discussion.

At the meeting, the person in charge of ZMEV introduced the company's development concept and overseas strategy in detail. As a "pioneer" in the field of new energy vehicles, ZMEV has always adhered to the core concept of "letting Chinese new energy vehicles go global", and actively expanded the international market through various means such as overseas trade, KD factory construction, automobile customization and industrial output.

Through this discussion, ZMEV also expressed its expectations for government support. The company hopes to obtain more policy support in terms of funds, overseas policies, fund subsidies and foreign employment, so as to further promote industrial upgrading and high-quality development, and contribute to local economic growth and foreign trade structure optimization.

(ZMEV Chairman Li Xiuwei delivered a speech)

Director Shen Yumou highly recognized ZMEV's development achievements and strategic planning, and encouraged the company to continue to increase its efforts to go overseas and actively promote China's new energy vehicle products and technologies. He emphasized that the government will fully support enterprises to go global and provide them with necessary policy support and service guarantees. At the same time, he also hopes that ZMEV can feedback its suggestions and experiences on trade and policies in Africa to the government, and provide more cases and references for the development of the new energy field and policy innovation in the free trade zone.

(Hunan Provincial Department of Commerce Party Secretary and Director Shen Yumou delivered a speech)

This inspection not only greatly promoted the in-depth exchanges between the two sides, but also laid a solid foundation for the company's future development. ZMEV will unswervingly rely on its own strength, be committed to providing excellent services, deeply cultivate overseas markets, and be brave to explore and expand. As a benchmark for the export of new energy vehicles originating from Changsha, ZMEV is determined to work hand in hand with the government and actively respond to the "Belt and Road" initiative, aiming to become the leader in the wave of China's new energy vehicles going overseas, hold high the banner of China's intelligent manufacturing, lead the vigorous development of the new energy industry, jointly create a new situation of government-enterprise cooperation, and achieve a model of mutual benefit, win-win and common prosperity.