Core Viewpoint - The announcement highlights a strategic cooperation agreement between Xingmin Zhitong and Beijing Automotive Group, focusing on resource sharing and professional collaboration in the field of new energy vehicles [1] Group 1: Strategic Cooperation - The agreement was signed on November 10, 2025, and aims to enhance collaboration in new energy vehicle technology research and vehicle sales [1] - Both parties will leverage their respective strengths in capital, industry, technology, and products to establish a comprehensive and multi-level strategic partnership [1] - The cooperation will include mutual brand and product promotion, with plans for the purchase of no less than 200 vehicles from Xingmin Zhitong's brands over the next three years [1] Group 2: Resource Sharing and Development - The partnership is expected to create a synergistic development model through complementary advantages and resource sharing [1] - The collaboration is contingent upon compliance with national policies, relevant laws, regulations, and mutual approval requirements [1]

Core Viewpoint - The company, Xingmin Zhitong, has signed a strategic cooperation agreement with BAIC Group to collaborate in the fields of new energy vehicle technology research and development, vehicle sales, and other areas [1] Group 1: Strategic Cooperation - The cooperation will involve innovation and optimization of wheel products, joint development of intelligent connected technologies, and the establishment and operation of a shared platform [1] - A key focus of the partnership is to jointly promote the construction of a "computing power + data + model" collaborative system, which aims to create a demand-based and flexible computing power foundation [1] Group 2: Procurement Plans - Xingmin Zhitong plans to purchase no less than 200 vehicles from BAIC Group's brands (including brands such as Xiangjie, Jihu, Beijing Off-road, and Foton) within the next three years [1]