In October 2023, ZMEV Automobile and Guangzhou Changyue Group planned to implement a share reform, and then fully control Guiyang Changyue Industry Co., Ltd. (hereinafter referred to as "Changyue Industry"). Praise Automobile will work together with Guangzhou Changyue Group to build a new energy vehicle export base based on various favorable conditions in Guiyang.

This project has been recognized and strongly supported by governments at all levels in Guiyang City. On October 28th, Comrade Hu Zhongxiong, member of the Standing Committee of the Guizhou Provincial Party Committee and Secretary of the Guiyang Municipal Party Committee, warmly met with Li Haichang, Chairman of Guangzhou Changyue Group, and Li Xiuwei, Chairman of Praise Automobile, and gave important instructions on the construction of new energy vehicle export bases. Prior to this, on October 9th, Comrade Ma Lei, the Minister of Commerce of Guizhou Province, also gave high praise to the feasibility and development potential of this project during a meeting with two entrepreneurs.

After a month of scientific planning and preparation, this project is basically ready for launch. On November 15th, Comrade Long Cong, Deputy Mayor of the People's Government of Guiyang City, Comrade Wang Jie, Deputy Secretary General of the People's Government of Guiyang City, and relevant officials organized a special meeting to promote the implementation of projects. They carefully listened to enterprise plans and provided practical guidance and measures to ensure the implementation of various work. 

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Changyue Industry has the conditions and facilities for automobile modification and production, as well as a complete series of specialized vehicle products. We praise that Automobile will introduce more new energy vehicle products and technologies, introduce more advanced new energy vehicle production facilities, and provide international business empowerment on this basis. Changyue Industry will enter a new stage of development from now on, upgrading from a specialized vehicle modification and production enterprise to a comprehensive new energy vehicle enterprise that integrates research and development, production, and export trade of new energy vehicles. At the same time, relying on the geographical advantages of Guiyang City and the overseas market advantages of automobiles, Changyue Industry will also deepen and expand its second-hand new energy vehicle export business. Based on the four provinces of Yunnan, Guizhou, Sichuan, and Chongqing, Changyue Industry will establish a second-hand car export business system mainly consisting of warehousing centers, preparation centers, after-sales service centers, automobile parts centers, automobile disassembly centers, battery recycling and reuse centers, and export business service centers. According to the plan, Changyue Industry will strive to export more than 100000 new energy vehicles within five years, becoming the largest and most comprehensive new energy vehicle export enterprise in the southwest region.

The governments at all levels in Guiyang City have also injected strong impetus into the new development and upgrading of Changyue Industry. This project will be listed as a key project in Guiyang City, providing strong support in qualification application, encouraging innovation, talent introduction, project funding, export trade, and other aspects.

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The completion of the Guiyang New Energy Vehicle Export Base will comprehensively accelerate the international business of new energy vehicles that praise automobiles. This is another important milestone in praising the development path of automobiles, following the factories in Ethiopia, the operations center in Kenya, the operations center in Dubai, and the settlement center in Hong Kong. It praises the phased achievements of automobiles in technology output, product output, and market layout, which have achieved the layout and improvement of the domestic industry. This will undoubtedly add another new sail for China's new energy vehicles to go global.