Introduction to Chery Automobile Co., Ltd.

Chery Automobile Co., Ltd. (hereinafter referred to as "Chery Automobile") was founded in 1997, always adheres to independent innovation, is committed to bringing high-quality automobile products and service experience to global consumers, and is the earliest domestic automobile brand to break through a million sales. Chery Automobile focuses on users and its business covers more than 80 countries and regions. In 2022, Chery sold 1.23 million vehicles, of which more than 450,000 were exported. So far, Chery has accumulated 12 million global users and has been ranked first in the export of Chinese brand passenger cars for 20 consecutive years.

Insist on "technology-based enterprise", innovation-driven Chery Adhering to the "technology-based enterprise" is the core of Chery Automobile's development strategy. After 26 years of continuous efforts, Chery Automobile has accelerated the layout of new tracks such as new energy, intelligent network connection, shared travel, platforms and ecology on the basis of deep ploughing traditional fuel vehicle tracks. Chery's passenger car business has formed a development strategy of multiple technical routes, such as hybrid, range extender, pure electric, hydrogen energy, and the research and development core layout of "four vertical and three horizontal" with battery, motor and electric control. Chery has also launched the world's first light-weight pure electric technology platform, and its new energy "short process aluminum frame technology" has won the first prize of China Automobile Industry Science and Technology Progress Award. Insist on innovation-driven Chery, constantly polishing the golden signboard of "technology Chery" and building brand "moat". By the end of 2022, Chery has applied for more than 25,000 patents, with more than 17,000 patents granted, of which 37% are invention patents, ranking among the top in the industry; it has successively undertaken the national "863 Plan", scientific and technological support plan, key R&D plan, etc., and has won the "National Science and Technology Progress first and second prizes" many times, and has been granted the state-level "innovative enterprise" three times.

Create a well-known international brand Creating a "well-known international brand" is the strategic development goal of Chery Automobile. Driven by the development concept of "nothing is stable without internal, nothing is strong without external", Chery pays attention to exploring both domestic and international markets, firmly implements the "go out" strategy, and has become the earliest automobile enterprise in our country to export whole vehicles, CKD spare parts, engines and whole vehicle manufacturing technology and equipment to foreign countries. By implementing product strategy, localization strategy and talent strategy, we constantly accelerate the deep cooperation in overseas markets and strive to build Chery into an international brand with global influence. Chery Automobile has also established a global R&D system including six R&D centers in North America, Europe, Shanghai and other places. In overseas markets, Chery has been honored as one of the "Top 20 Best Overseas Image Enterprises in China" by the State-owned Assets Supervision and Administration Commission and the Foreign Languages Bureau for five consecutive times, becoming a name card for Chinese brands to "go out".

Future Chery will continue to uphold the vision of "creating an excellent brand with craftsmanship" Stick to user thinking and internet thinking Build a new advantage of technological leadership for the new track Accelerate the transformation into a global technology company To strive to become a world-class automobile enterprise with global competitiveness