Dongfeng deepens strategic cooperation with Chongqing municipal government and well-off group

on April 23, Dongfeng Automobile Group Co., Ltd(hereinafter referred to as "Dongfeng Company") signed the Strategic Cooperation Framework Agreement with the Chongqing Municipal Government, and the "Strategic Cooperation Agreement" between Dongfeng and Xiaokang Industrial Group Co., Ltd(hereinafter referred to as "Well-off Group"), Dongfeng Co., Ltd., Chongqing Two Rivers New Area Management Committee, and Xiaokang GroupThe party jointly signed the Agreement on the Construction of High-end New Energy Vehicle Projects, further deepening strategic cooperative relations, promoting the development of medium- and high-end new energy vehicle projects of Chongqing Jinkang New Energy Vehicle Co., Ltd(hereinafter referred to as "Jinkang New Energy"), promoting the transformation and upgrading of Chongqing's automotive industry, and jointly building the Xiaokang Group into a million-scale vehicle enterprise with high-quality developmentpromote deep collaboration and stimulate the development of Dongfeng's independent enterprises
according to the "East Wind and Well-off Industry Chain Deepening Strategic Cooperation Agreement", in order to effectively promote coordination and promote the comprehensive integration of resources, Dongfeng And Xiaokang Group will share in technology, research and development, procurement, manufacturing and market development, etc., to enhance the competitiveness of the products of the well-off group, accelerate the occupation of the marketin the field of research and development, Dongfeng And Xiaokang Group first from the vehicle platform, powertrain, three power, electronic architecture four areas to take the lead in the implementation, followed by the expansion of intelligent network, hydrogen fuel, after-market cooperation and other fieldsvehicle platform, Dongfeng shares medium-sized traditional vehicle platform and new energy modular architecture, The well-off group will be based on Dongfeng's platform resources to develop vehicle products in the future;strong integration and coordination, the formation of complementary advantages and the realization of scale effect, will further stimulate Dongfeng's independent brand development endogenous power, expand dongfeng's independent cause of breadth and depthto play a long-term advantage, to build a new base of high-end new energy vehicles
in line with the development trend of the automotive industry and the trend of national policies, Dongfeng Corporation, Chongqing Two Rivers New Area Management Committee and Xiaokang Group jointly signed the Agreement on the Construction of High-end New Energy Vehicle Projects, aimed at promoting the development of high-end new energy vehicles in the middle and high-end, accelerating the process of intelligent automotive industryas a holding subsidiary of Xiaokang Group, Jinkang New Energy carries its new energy vehicle business, Dongfeng, Chongqing, Xiaokang three-way jinkang new energy as the cooperation platform of the high-end new energy vehicle sector, integrate all the resources, play the long board advantage, give birth to the aggregation effect, in Jinkang New Energy has formed a new energy leading technology, products and intelligent manufacturing basis, the focus will be Jinkang new energy to become a high-end new energy vehicle benchmark enterprises in YuDongfeng will rely on its own layout and accumulation in the field of new energy vehicles, the well-off group of technology output, further enhance Jinkang new energy in the platform, powertrain, three power, electronic architecture and other fields of technical strength, enhance its product competitiveness, for the development of the new energy vehicle sector of the well-off groupaccelerate the transformation and upgrading, help Chongqing smart cars to achieve a new breakthrough
In recent years, Chongqing has always taken the automotive industry as an important pillar industry, unswervingly promote the transformation and upgrading of the automotive industry, enhance the high-end, intelligent, green, brand development level, focus on creating a "smart town, smart city."According to the Strategic Cooperation Framework Agreement signed between Dongfeng And chongqing municipal government, the Chongqing municipal government will fully support Dongfeng and Xiaokang to further deepen cooperation, and together with Dongfeng, to build the Well-off Group into a high-quality development of a million-scale vehicle enterprises Dongfeng will also make full use of Chongqing's automotive industry base and Dongfeng as a mega-car state-owned enterpriseadvantage advantages, jointly promote the high-quality development of the well-off group by extending the industrial chain and upgrading the value chain, all parties will jointly promote the transformation and upgrading of the value chain and high-quality development of Chongqing's automotive industry, and help Chongqing smart cars achieve new breakthroughs new energy vehicles have become the strategic direction of the development of the global automobile industry and the strategic choice of the automobile power This signing is a solid consolidation of the achievements of the past cooperation, but also to win the future exploration and development, will promote all parties to win-win and common development, in practice, the development of the intelligent car industry first hand