On the morning of November 24th, Ye Jinsong, a first level inspector of the Provincial Department of Commerce, and a group of 7 people visited ZMEV LIMITED's headquarters in Changsha to conduct inspection and research work. Accompanied by senior executives such as Li Xiuwei, Chairman of ZMEV, and Gao Rong, Chairman of RIDENENCE Corporation in Kenya, the two sides had in-depth discussions on the follow-up promotion of African projects, focusing on key issues such as the overall overseas strategy and financing needs of enterprises. The atmosphere on site was lively.

At the symposium, Liu Yanjun, Vice President of ZMEV, introduced that as a new energy vehicle brand focused on going global, the company's core strategy is "heavy warehousing in Africa", with business covering over 20 African countries and over 80% of investment focused on this area; Adhering to the concept of "solid and reliable", we have developed suitable car models, and the first Z6 has been launched in Africa; Adhere to the "system going global" and build a complete ecology; In order to achieve outstanding performance in deeply cultivating Africa and win the reputation of "King of Africa". ZMEV's African headquarters, RIDENENCE in Kenya, focuses on pure electric right-hand drive vehicles. Over 500 units have been deployed in Nairobi, ranking first in the local transportation industry. The investment return rate has reached 35% in the past three years. It has also received support from the Kenyan government to build the Kenya Kenya New Energy Technology Industrial Park in the Konza Special Economic Zone in Nairobi, enjoying financial licenses and low-priced land, and will create a national demonstration park. At the meeting, the company also candidly put forward three demands, hoping to obtain long-term low interest loans, policy fund support, and include overseas projects in Hunan's list of key foreign projects.

Ye Jinsong highly praised ZMEV's outstanding performance in Africa and requested relevant personnel to carefully study and respond to the company's demands on site. He pointed out the direction of the enterprise's overseas strategy with four sentences: "Go out, go in, go up, go down": products, enterprises, and technological systems should bravely go abroad; To establish roots locally and achieve localized operations; To work closely with local high-quality enterprises and talents; We need to rely on core technology support to achieve sustainable development. He said that this inspection has given him a deeper understanding of praising automobiles, and he will fully integrate resources from all parties, leverage platform advantages, and provide support for the development of enterprise projects.

ZMEV Chairman Li Xiuwei expressed deep gratitude for the care and guidance of Ye Jinsong and his delegation, saying that this research is like a timely rain, bringing new ideas and opportunities for the company's development. The company will continue to adhere to its original intention, deeply cultivate professional fields, and enable Chinese manufacturing to take root and bear fruit on the land of Africa. At the same time, it will share its overseas experience without reservation, paving the way for future generations.

This inspection and research has built an efficient communication bridge between the government and enterprises, and outlined a clear blueprint for the future development of ZMEV. I believe that with the strong support of the government and the unremitting efforts of enterprises, ZMEV will surely ride the waves and write a more brilliant chapter in its journey of going global.