Jiangsu Huaihai New Energy Vehicle Technology Co., Ltd.

Huaihai Holding Group was founded in 1976. After years of innovation-driven development, it has now grown into a large-scale ecological and international private enterprise group integrating science, industry, and trade. It has formed a favorable development pattern with five major industries: small vehicles, new energy vehicles, sodium-ion battery technology, international trade, and modern finance. It is among the top 500 manufacturing enterprises in China and the top 500 private enterprises in China. Huaihai New Energy Vehicle Company, a subsidiary of Huaihai Holding Group, is a comprehensive company integrating R&D, production, sales, supply, service, and management, specializing in sodium-ion battery micro-vehicles*. Capitalizing on the opportunity to overtake in the sodium-ion battery new energy market, the company empowers the new energy micro-vehicle industry with sodium-ion battery technology and forms a "four-party" strategic alliance with suppliers, dealers, and governments, with the strategic positioning of *economical sodium-ion battery micro-vehicles. Facing the new era of new-quality economic industry development, it adheres to the operation concept of "talent*, technology*, quality*, and brand*", strives to implement the "new-quality, digital-intelligent, sodium-ion battery, ecological, and international" operation strategies, comprehensively plans a new round of 321 industrial project development, competes in the new track of sodium-ion battery new energy development, actively integrates internal and external superior resources of the group, possesses a team of high-precision talents, has advanced business models and *economical sodium-ion battery new energy products, forms a high-quality product and service guarantee system, implements the "seven good" marketing model, with three new energy vehicle models undergoing mass production and launch in 2025, achieving an annual production and sales of 50,000 units within one year of launch, and by 2030, achieving a development goal of 200,000 high- and low-speed vehicles, 50,000 sets of large, medium, and small intelligent cleaning equipment, and revenue exceeding 5 billion yuan.