Core Insights - Hexagon Purus Systems USA LLC has amended its supply agreement with its battery cell supplier, removing a pre-payment obligation of USD 12.9 million while ensuring continued supply of battery cells [2] Group 1: Agreement Details - The second amendment to the supply agreement eliminates the previously outstanding pre-payment obligation of USD 12.9 million [2] - The amended agreement ensures the continued supply of battery cells to Hexagon Purus [2] - Any Inflation Reduction Act (IRA) incentives or credits from the supplier's production of battery cells will accrue to the supplier [2] Group 2: Company Overview - Hexagon Purus is a leading provider of hydrogen Type 4 high-pressure cylinders, battery systems, and vehicle integration solutions for fuel cell electric and battery electric vehicles [3] - The company's products are utilized in various applications, including light, medium, and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail, and aerospace [3]

Core Viewpoint - Mercedes-Benz is committed to sustainable development and aims for "zero emissions" mobility through continuous R&D investment and supply chain collaboration [1][2]. Group 1: Sustainable Development Initiatives - Mercedes-Benz has established a "2039 Vision" to achieve net carbon neutrality across its passenger car product lineup by 2039 [2]. - The company is aligning its goals with China's "dual carbon" objectives, making the Chinese market a key area for advancing its "2039 Vision" [3]. - Beijing Benz has been a pioneer in green electricity procurement, purchasing over 300 million kilowatt-hours of green electricity in 2024, accounting for approximately 60% of its total electricity consumption [3]. Group 2: Partnerships and Collaborations - Nearly all production suppliers of Beijing Benz and Fujian Benz have signed a "Vision Letter of Intent" by June 2025, committing to carbon neutrality [5]. - Mercedes-Benz has partnered with UNESCO and the National Forestry and Grassland Administration to launch a three-year public welfare cooperation project focused on ecological protection and community engagement in the Sanjiangyuan National Park [6][7]. Group 3: Corporate Social Responsibility - The company has invested over 360 million yuan in public welfare projects over 18 years, benefiting more than 100 million people through initiatives in environmental protection, cultural arts, and education [7].