Foshan Feichi Motor Technology Co., Ltd. (hereinafter referred to as "Feichi Technology" or "the Company"), since its establishment, has adhered to the path of continuous innovation, and is an integrated vehicle enterprise specializing in the research and development, manufacturing, and sale of new energy vehicles.

The company focuses deeply on the field of fuel cell vehicles, and has always been committed to promoting and popularizing fuel cell vehicles. It conducts research on the configuration of fuel cell vehicle power systems, fuel cell engines, electric drive powertrains, and domain controllers for multi-energy systems. By breaking through key technologies such as efficient and safe utilization of hydrogen energy and high environmental adaptability, the company has developed a technology platform for high-performance fuel cell power systems, enabling the promotion and application of multiple vehicle models. It integrates high-quality resources and cooperates with upstream and downstream enterprises in the fuel cell vehicle industry to jointly build a hydrogen energy industry ecosystem and closed-loop business applications, jointly constructing sustainable green travel solutions. Additionally, the company actively explores applications for fuel cell vehicles and identifies niche markets with high growth potential for fuel cell vehicles.

As a pioneer in the domestic fuel cell vehicle industry,

since 2016, our company has consistently ranked among the top five in the industry's market share within specific segments. Our customers are widespread across the country, with a focus on expanding sales markets in South China, East China, Northwest China, Beijing-Tianjin-Hebei region, Shanxi, and the Bohai Rim. Currently, the company has established vehicle and assembly bases in Foshan, Guangdong, and Qingdao, Shandong, leveraging the advantages of industrial settlements to radiate to surrounding areas.

Regarding fuel cell vehicle products, our company's technical performance indicators, such as operating condition stability and hydrogen consumption data, are competitive compared to similar products from other companies in the industry. As a leader in the fuel cell vehicle industry, our products maintain the advantage of operating condition stability even in the face of challenges like traffic congestion and complex road conditions. Leveraging mature vehicle system integration management technology, our products excel in hydrogen consumption data, offering lower hydrogen consumption and longer driving ranges compared to similar products from peer companies, thereby providing users with a more economical experiences.

Feichi Technology is one of the largest fuel cell vehicle manufacturers in China, currently owning two major fuel cell vehicle production bases in Foshan and Qingdao. Feichi possesses the design and manufacturing capabilities for carbon fiber buses and all-aluminum body buses. The company has assembly production lines and workshops including bus body welding lines, truck cab welding lines, electrophoresis and painting production lines for bus bodies and truck cabs, as well as truck chassis and bus interior and exterior trim assembly lines, with an annual production capacity of up to 10,000 vehicles.

Simultaneously, Feichi Technology owns four major hydrogen energy centers: the Hydrogen Power Research Institute, the Vehicle R&D Center, the Manufacturing Engineering Center, and the Experimental Testing Center. It possesses the technical capabilities for concept design, engineering design, and parts requirements definition of major commercial vehicle systems, as well as power system testing and complete vehicle testing and validation. Furthermore, it has developed capabilities for key core components such as network communication and vehicle controllers, and possesses vehicle calibration and controller diagnostic calibration capabilities.