[GAC Group, Beijing Daxing District Government, and Huaxia Financial Leasing Sign Strategic Cooperation Agreement] On July 9, 2025, Guangzhou Automobile Group Co., Ltd. (hereinafter referred to as "GAC Group") signed a strategic cooperation framework agreement with the People's Government of Daxing District, Beijing (hereinafter referred to as "Daxing District Government") and Huaxia Financial Leasing Co., Ltd. (hereinafter referred to as "Huaxia Financial Leasing") at GAC Group's Panyu headquarters. The three parties will fully leverage their respective strengths to carry out cooperation in areas such as the promotion of GAC's NEVs, the construction and operation of integrated infrastructure for "generation-grid-load-storage" in new-type power systems, road testing of intelligent connected vehicles, and smart mobility services. They will work together to build a modern industrial system featuring the integrated development of "automobile + energy + finance" and jointly create a high-end automotive industry ecosystem cluster targeting the global market, contributing greater synergy to the high-quality development of China's automotive industry and the upgrading of regional economies.