On the evening of September 4th, Sunwoda (300207) announced that Sunwoda Electric Vehicle Co., Ltd. (hereinafter referred to as the "Sunwoda Electric Vehicle" or the "Company") which is a wholly-owned subsidiary company has received the Letter of confirmation of battery pack supplier selection for battery swapping from Dongfeng Liuzhou Motor Co., Ltd. (hereinafter referred to as "DFLZM"). The company was officially selected as a synchronous development supplier of DFLZM parts to supply power battery assembly products for its battery swapping project.

At present, DFLZM is one of the major domestic automobile manufacturing companies. This time, the company was selected as the supplier of the battery swapping project of DFLZM, which is important progress in the electric vehicle battery business and helps to enhance the comprehensive competitive strength of Sunwoda in the field of electric vehicle battery.

In terms of power battery capacity and shipment, 6GWh Pack and 2GWh cell of Sunwoda Huizhou have been put into production, and the remaining 2GWh will be put into production this year. In 2019, the company's cumulative shipments of BEV products reached 21,736 units, totaling approximately 1.11GWh, of which 13,092 units of independent batteries were shipped, totaling approximately 0.7GWh. In 2019, Sunwoda EV battery installed capacity was approximately 645.01MWh with a year-on-year increase of 580.02%, and it successfully ranked among the top 10 in domestic power battery installed industry.