Core Viewpoint - The company has established a joint venture with Chery, focusing on the development and manufacturing of hybrid and pure electric vehicle battery systems, indicating a strategic move towards the growing electric vehicle market [2] Group 1: Joint Venture Details - The joint venture, Anhui Ruilu Technology Co., Ltd., was established on May 7, 2020, with a registered capital of 100 million yuan, where the company holds a 49% stake and Chery holds 51% [2] - The joint venture operates within the automotive manufacturing industry, emphasizing its commitment to electric vehicle technology [2] Group 2: Product and Service Offerings - The company’s offerings include research, manufacturing, and sales of hybrid and pure electric vehicle traction battery systems and modules, as well as technology development and consulting in the battery technology field [2] - The product range includes power batteries, energy storage power supplies, box components, smart equipment, and high-voltage wiring harnesses for new energy applications, with a cumulative output value exceeding 5 billion yuan [2] Group 3: Quality and Collaboration - The company has obtained IATF16949 quality management system certification, ensuring adherence to international quality standards [2] - A joint testing center has been established with Chery, covering various testing fields such as power batteries, electric motor control, environmental reliability, and charging systems [2]