Chijet Motor Initiates Business of Automobile Culture Tourism

Core Viewpoint - Chijet Motor Company has signed an intention agreement to develop an automobile culture tourism and race automobile R&D and manufacturing project in collaboration with BIAOCHI, aiming to enhance the automobile industry in Jilin City, China [1] Company Overview - Chijet Motor Company is engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) in China [4] - The company operates a large modern vehicle production base in Jilin and is constructing a factory in Yantai dedicated to NEV production [4] - Chijet Motor has a management team with extensive experience in various fields including engineering, design, management, and financial management [4] Project Details - The project will focus on automobile culture tourism with features that highlight northeast ice-snow tourism characteristics [1] - A new energy and fuel automobile manufacturing base for karts, ATVs, and UTVs will be established at FAW JiLin's factory [1] - The project will also include a comprehensive cultural tourism base with facilities such as a kart track, off-road track, rallying field, and RV camping [1]