On October 29, the commencement ceremony for the new factory project of Egypt's MMM (MAC For Mobility Manufacturing S.A.E.), undertaken by Changhong Intelligence on a turnkey basis, was grandly held at its Yancheng headquarters. Changhong Intelligence Chairman Qiu Yunjie, Vice President Xia Li, and Vice President Wang Jun were invited to attend the event, along with some company leaders and members of the Egypt MMM project team.

The Egypt MMM new factory is the first vehicle manufacturing plant invested and constructed by the Mansour Group. The project covers the three core automotive production processeswelding, painting, and general assemblyand is fully implemented by Changhong Intelligence as a turnkey project, including planning, design, and equipment delivery.

This project is the first automotive production line project in Egypt secured by Changhong Intelligence that integrates the three core processes of welding, painting, and general assembly. The production lines across the three workshops incorporate complete production processes, efficient conveying systems, and advanced intelligent control systems. Leveraging its strong integrated advantages in R&D, design, and manufacturing, Changhong Intelligence will form an efficient and agile project team to ensure the smooth implementation and high-quality delivery of the project.

The launch of the Egypt MMM new factory project marks a critical step in Changhong's global strategy. Changhong Intelligence is fully prepared and will adhere to the highest standards and strictest requirements, scientifically coordinating and advancing the project with full effort, aiming to build it into an industry benchmark. We firmly believe that the success of this project will not only earn Changhong an outstanding reputation but also lay a solid foundation for the company to further deepen its global market presence.