Chery Holding Group Co., Ltd. started its business in 1997 from the automobile manufacturing industry. Its subsidiary, Chery Automobile, is the first independent automobile brand in China with sales exceeding one million. Chery Group has deployed automobile, auto part, finance, real estate, modern service and other businesses around the main value chain of automobile industry. It is now a diversified enterprise group centered around the automobile industry, with operating income exceeding 310 billion yuan in 2023. Chery Group, upholding the mission to serve the country with industry, and the core concept of "innovation, responsibility and win-win", is committed to becoming a first-class enterprise group with global influence and competitiveness. Chery Group has more than 300 subsidiaries such as Chery Automobile, Chery Commercial Vehicle, Chery Automobile Finance, Chery Technology, etc., with business presence in more than 80 countries and regions around the world. It has ranked first among Chinese passenger car brands for 21 consecutive years in terms of export. In addition, Chery Group ranked 385th in the 2024 Fortune Top 500 List. Since 2024, Chery Group has maintained a high-quality development momentum, and is the only enterprise in the industry boasting "growth" in fuel vehicle segment and new energy segment, and "growth" in international market and domestic market, From January to August, Chery Group witnessed a total sales of 1.51 million cars with a year-on-year increase of 42%, of which 720,000 were exported, with a year-on-year increase of 25%.In the latest survey released by the J.D.Power, Chery ranked first among independent Chinese automobile brands and sixth among mainstream automobile brands in the "2024 China Initial Quality Research (IQS)"; also it ranked first among independent Chinese automobile brands in the "2024 China Sales Satisfaction Investigation SM (SSI)" and "2024 China Automotive Product Automotive Performance, Execution and Layout (APEAL) Investigation". By the end of August 2024, Chery Group had embraced a total user population of more than 14.6 million, of which more than 4 million were overseas users. With independent innovation as its core strategy, Chery Group is committed to bringing high quality products and services to global consumers. Following "Yaoguang 2025" strategy, Chery Group has deployed a "sunset" global R&D system consisting of eight R&D centers in North America, Europe, Shanghai and other countries and regions and more than 300+ Yaoguang laboratories around the world, and built up a R&D team staffed with more than 20,000 engineers and scientists. Chery Group has implemented more than 170 projects under the "National Key Technologies R & D Program of China" and "National Key Research and Development Program of China", won the first prize and second prize of the National Science and Technology Progress Award many times, and was awarded the "National Innovative Enterprise" three times. Up to now, Chery Group has more than 32,000 patents applied and more than19000 patents approved, of which approved inventions account for 37%, ranking first in the industry. Following the industry development trend of new energy and intelligence, Chery Group, always taking users as the center, has expanded its business to new energy vehicle, intelligent interconnected vehicle, autonomous driving, shared mobility, platform and ecosystem, aiming to transform itself from an automobile manufacturer to a world-class green intelligent mobility technology company. At present, Chery Group has established a product portfolio covering new energy passenger vehicles, new energy commercial vehicles, new energy special vehicles and new energy buses, independently developing a series new energy core technologies such as Kunpeng super-energy HEV platform C- DM and high-performance BEV platform E0X.“Lion Tech", a subsidiary of Chery Group, is dedicated in the lifecycle digitalization and intelligence of products. Its independently developed intelligent cockpit, Lion OS, has now developed to the 6.0 generation, with a user population nearly 2 million. Another subsidiary of Chery Group, "Dazhuo Intelligent", is specializing in the intelligent driving field. Robotax, a L4 unmanned car for online car-hailing service independently developed by Dazhuo, had trailed for commercial operation on public roads in Shanghai and Wuhu. Chery also cooperated with COSMOPlat and developed the "HiGOPlat", which is a large-scale customized industrial Internet platform for the automobile industry and has been approved as a “national cross-industry and cross-field industrial Internet platform". ENER-Q, the battery brand jointly developed by Chery and CATL, covers all application scenarios of all power types and all material systems. Chery Group has adhered to the globalization concept of "In somewhere, For somewhere", and taken social responsibility as a corporate responsibility, striving to be an excellent corporate citizen. Chery has implemented a wide range of public welfare and charity activities around the world, such as environmental protection, accurate poverty alleviation, disaster relief and rescue, and donation to school. In 2023, Chery donated more than 3200 million yuan to disaster areas such as Beijing-Tianjin-Hebei area, Gansu and Qinghai for disaster relief and post-disaster reconstruction. Overseas, Chery was the first to participate in the post-disaster relief of the 7.8-magnitude earthquake in Turkey, and besides, it donated US $6 million to UNICEF for international children's education projects, and signed a memorandum of cooperation with the World Conservation Union to jointly promote the protection of fragile environment. Chery has been elected five times among China's "Top 20 Best Overseas Image Enterprises", and ranked first of the automobile category in the list of "Kantar BrandZ Top 50 Globalized Chinese Brands" jointly released by Google and Kantar, showing the identity of Chery as a global brand. With win-win as its core goal, Chery Group is committed to building a win-win development pattern with shareholders, industries, local governments, partners and users. Chery has clustered more than 1400 enterprises in Wuhu, the headquarters of Chery, around the automobile industry chain, and attracted the investment from dozens of world top 500 enterprises, creating more than 200,000 job opportunities. The emerging industries from Chery's incubation, such as industrial robots, new energy vehicle, modern agricultural machinery, intelligent interconnection, automobile finance, tourism and real estate, cross-border e-commerce, form a vibrant "industrial ecosystem” together with upstream and downstream enterprises of the industrial chain. Facing the future, Chery Group will, acting around its goal to build a world-class brand, sticking to its development strategy of brand improvement, market expansion, technology advancement and full value chain coverage, and carrying forward the corporation spirit of "Xiao Cao Fang", continue to expand and enhance the industrial ecosystem based on user concept and Internet concept, striving to the flourishing of the country and a better life of our human being.