On January 7th, Mr. Zhai Shiwei, Chairman of Shenzhen Yuntongda Information Technology Service Co., Ltd. ("Yuntongda"), and Mr. Zhang Qing, General Manager of Anhui Yonglida New Energy Technology Co., Ltd. ("Yonglida"), led a delegation to visit Far East for a tour and to sign a strategic cooperation agreement. Mr. Jiang Chengzhi, Party Secretary, Executive Chairman, and CEO of Far East Holding Group, warmly welcomed the delegation and held a discussion.

Mr. Zhai expressed heartfelt gratitude for Far East's warm reception. He introduced that since its founding in 2015, Yuntongda has strived to become a leader in the cross-border e-commerce field, building a complete supply chain system from product development to end customers. The company focuses on core categories such as smart mobility tools, mobility accessories, and fitness equipment, while also expanding into new categories like smart small appliances, furniture, and garden tools to meet the diverse needs of global consumers. He expressed a desire to strengthen communication with Far East, leverage each other's advantages, and further promote multi-field cooperation to contribute to the healthy development of China's real economy.

Mr. Zhang praised Far East's achievements in the battery cell field. He hoped to strengthen future communication, complement each other's strengths, and work together for a better tomorrow.

Mr. Jiang warmly welcomed Mr. Zhai and Mr. Zhang's visit. He stated that Far East, as a leading enterprise with 40 years of experience in the power energy sector, has continuously increased R&D investment in smart batteries. The company has made significant breakthroughs in cylindrical battery capacity, greatly improving energy density, charge/discharge performance, and energy efficiency. Currently, Far East Battery has become a vertically integrated manufacturer with core production processes including lithium batteries, modules, and system integration. He expressed hope to strengthen communication and cooperation with the two companies in the future, jointly creating a new model for industry development and achieving mutually beneficial outcomes.

Mr. Zhai was accompanied by Mr. Zhu Xuesong, Director of Yuntongda, and other colleagues. 

The Far East team accompanying the reception included Mr. Xiang Jiangfeng, Senior Partner and Executive General Manager of Jiangxi Far East Battery, Ms. Dai Haifeng, Senior Partner and Chief Customer Officer of Jiangxi Far East Battery, and Ms. Huang Xueli, Senior Partner and Battery Cell Customer Officer.