Ruifeng Power explores strategic alliance in smart vehicle testing

Ruifeng Power Group Company Limited announced on September 1, 2025, that it has entered into a non-legally binding strategic cooperation agreement with a Beijing-headquartered technology company. The collaboration focuses on intelligent connected vehicle testing technologies, aiming to leverage complementary strengths for joint marketing and development of technical solutions.

The "Potential Cooperation" seeks to expand both companies' customer bases and diversify product offerings, particularly in new energy vehicles and intelligent driving assistance systems. The board believes this initiative aligns with Ruifeng Power's long-term strategy to strengthen its market position and enhance product innovation, potentially boosting future profitability.

The company emphasizes that the Strategic Cooperation Agreement is non-binding and may not lead to a formal binding agreement. Further announcements will be made as appropriate, and shareholders are advised to exercise caution when dealing in the company's securities.