Zhitong Finance App News, Yongda Auto (03669) announced that on July 15, 2026, the company and Hongxin Electronics signed a strategic cooperation framework agreement. Based on their respective industrial bases and capability advantages, the two sides will establish a long-term strategic cooperative relationship. The Group plans to rely on Hongxin Electronics' professional capabilities and industrial resources to comprehensively lay out the intelligent commercial application service industry.

The directors believe that by utilizing the resources and corporate backgrounds of both parties, the establishment of a strategic cooperation framework agreement will bring strategic value to the Group. Hongxin Electronics can assist the Group to comprehensively lay out the intelligent commercial application service industry. Starting with two basic capacity building capabilities for computing power supply and operation, data collection and service, we will gradually expand commercialized services such as large-scale intelligent model deployment, scenario application, project implementation, terminal sales, leasing, and continuous operation on this basis. The board of directors believes that the establishment of a strategic cooperation framework agreement will help the Group lay out an intelligent commercial application service industry, enhance the Group's overall corporate development, and bring maximum returns to the Company and its shareholders in the long run.

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