On June 21, New Gonow Group and Stellantis Auto Finance Co., Ltd. held a strategic cooperation signing ceremony and the launch ceremony for the first batch of vehicles for Binghuodi at New Gonow Group's Taizhou base. The event was attended by Jean-Louis Grumet, General Manager of Stellantis Auto Finance, along with his management team, Miao Xuezhong, Chairman of New Gonow Group, Liu Xiang, Senior Vice President of New Gonow Group and General Manager of New Gonow Auto, Yuan Lei, General Manager of Binghuodi, and others.

Before the signing ceremony, Jean-Louis Grumet and his team visited the New Gonow Group's Taizhou base's new energy intelligent manufacturing center, gaining a thorough understanding of the Group's technical strengths and product advantages in the fields of new energy commercial vehicles and RVs.

At the signing ceremony, Miao Xuezhong, Chairman of New Gonow Group, delivered a speech. Miao Xuezhong stated that New Gonow Group would leverage its technical and brand advantages to fully integrate its new energy commercial vehicle and RV products into the Stellantis Auto Finance service system, enhancing the Group's competitiveness in niche markets and achieving greater market share and brand influence.

Subsequently, Jean-Louis Grumet, General Manager of Stellantis Auto Finance, delivered a speech, expressing that Stellantis Auto Finance would utilize its business experience in light commercial vehicles and RVs to explore the launch of more competitive auto finance products with New Gonow Group, setting a new benchmark for industry cooperation and exploring a new cooperation model for deep integration of auto finance with New Gonow Group's entire industrial chain.

In the presence of representatives from both sides, Miao Xuezhong and Jean-Louis Grumet jointly signed the strategic cooperation agreement. This marks the beginning of a new chapter of innovative development in auto finance jointly explored by New Gonow Group and Stellantis Auto Finance.

On the same day, the first batch of 300 new energy commercial vehicles from Binghuodi was officially launched for delivery, marking the beginning of the formal cooperation between New Gonow Group and Stellantis Auto Finance. As a benchmark for new energy logistics vehicle operation services under New Gonow Auto, Binghuodi has established branches in several cities across the country, injecting new vitality into the logistics industry and showcasing New Gonow Auto's excellent strength and market potential. This successful cooperation with Stellantis Auto Finance provides an innovative model reference for the rapid development of the new energy logistics industry.

Auto finance, as an important force driving automobile circulation and sales, plays an irreplaceable role in the prosperity and development of the automotive industry. The strategic cooperation between New Gonow Group and Stellantis Auto Finance is a significant initiative for strong alliances and mutual benefits. Stellantis Auto Finance, with its deep industry expertise and professional service team, provides strong financial support for New Gonow Group; New Gonow Group, with its nationwide marketing network and rich market experience, opens up broader market space for Stellantis Auto Finance. This strategic cooperation will achieve resource sharing and complementary advantages between both parties, jointly promoting the innovative development of the auto finance market.

In the future, both parties will rely on their professional capabilities and market experience to jointly develop more flexible and market-demanding auto finance products, providing more convenient and efficient financial services to consumers. Additionally, they will work together to drive the innovative development of the auto finance market, jointly creating new growth points for automobile consumption.