Production and sales of Zhiqu Technology

At the end of 2023, Xiqu Technology started the construction of DHT and EDS flexible production lines at its production base in Liuzhou. In April 2024, the first flexible production line was successfully debugged, and the DHT hybrid power box immediately entered the small batch production stage, and in August, the product roll-off exceeded 10,000 units. Since July 2024, the EDS (pure electric drive) series products have passed client verification and started mass production one after another. At the end of July, the ZE20 series products used in pure electric passenger cars were the first to go into mass production. At the end of September, the ZT18 series products used in pure electric commercial vehicles also successfully entered the mass production stage. In October, the eVTOL aviation electric drive system was delivered to customers. At the same time, the 10,000th unit of the ZE20 series rolled off the assembly line. On November 29, with the successful roll-off of the 50,000th product and the success of more than 1,000 units of products rolled off the assembly line in a single day, Xiqu Technology ushered in an important milestone in its development history.