Shanghai Sunwin Bus Co., Ltd.

Shanghai Sunwin Bus Co., Ltd. (SUNWIN) is a wholly-owned enterprise under SAIC Motor Corporation Limited (SAIC Motor), with a total investment of RMB 2,250 million and a registered capital of RMB 1,371.16 million. Its registered address is No. 18 Guangzhong Road, Minhang District, Shanghai, China. The Sunwin plant covers an area of 140,000 square meters, with a building area of over 60,000 square meters. It has production lines for chassis, body, painting, and final assembly, as well as a complete vehicle testing line, with an annual production capacity of 2,000 complete vehicles and 3,000 chassis. The product portfolio is mainly new energy buses, covering fuel cell, pure electric, hybrid, and traditional diesel vehicles. Traditional models range from 8 to 18 meters, and are used for urban public transit, group transportation, and tourism. Sunwin upholds SAIC's values of "integrity, responsibility, cooperation, innovation, enterprise, and dream," follows the business philosophy of "customer first, serving society" and "lean and efficient, honest and trustworthy," and takes as its mission "innovating products and services, creating value for society, and achieving sustainable development," with the vision of "becoming an internationally competitive bus enterprise." According to the 13th Five-Year Plan, Sunwin will follow SAIC Group's "new four modernizations" requirements of "electrification, intelligent connectivity, sharing, and internationalization," with the development strategy of "mastering core new energy technologies, building an intelligent product platform, establishing a new energy operation system, and integrating the Group's industrial chain resources." It will focus on mid-to-high-end products and new energy products, prioritize serving Shanghai's public transportation, and strive to expand overseas export markets, making Sunwin an innovative enterprise that leads the market with technology, guides customers with products, and attracts resources with its business model.