On October 17, 2025, a delegation from Zhejiang Africa Investment Holdings Group visited ZMEV LIMITED. The two parties reached an in-depth cooperation agreement on investing in ZMEV's ride-hailing operating company in Côte d'Ivoire and officially signed the investment cooperation agreement in a friendly and constructive atmosphere.

Zhejiang Africa Investment Holdings Group is a specialized platform and leading enterprise in Zhejiang Province dedicated to supporting companies in expanding their business in Africa. In active response to the "Eight Major Actions" and "Nine Programs" of China-Africa cooperation, the group focuses on integrating the capital, technology, industrial, and management expertise of Zhejiang Province, with strategic emphasis on infrastructure, manufacturing, digital economy, and economic and trade zones across the African continent.

The strategic investment from Zhejiang Africa Investment Holdings Group will provide ZMEV with substantial capital and a robust resource network. This collaboration will significantly accelerate ZMEV's expansion in the West African market, further enhancing its service capabilities and market share. We are confident that, through the joint efforts of both parties, ZMEV will emerge as a leader in the smart mobility sector in West Africa, injecting new momentum into the high-quality development of the Belt and Road Initiative in Africa.