Recently, Desai Seaway released a record sheet of investor relations activities. Among them, it was mentioned that in the first half of 2026, the company achieved revenue of 1,617 billion yuan from overseas sales, an increase of 55.71% over the previous year. Overseas sales accounted for more than 10% of total revenue, and gross margin was 31.34%. In June 2026, Chengdu Industrial Park was officially opened, successfully completing the mass production and introduction of displays, domain control, etc., with simultaneous large-scale supply capacity for multiple types of vehicle products, and full implementation of localized manufacturing capabilities; the European region is the core strategic market and requires long-term construction of complete R&D, production and marketing capabilities. The three production lines of the company's Spanish smart factory have been completed as planned, and trial production and sample delivery were officially launched in July 2026. The company has successfully passed the initial review of the international automobile quality management system standard IATF16949, and the localized mass production capacity has entered substantial progress In the phase, production capacity will be gradually increased based on obtained customer orders from local European brands and European localized delivery orders from Chinese brands. The Japanese market requires continuous investment and steady growth. The company has now received orders for various projects such as Toyota, Honda, and Suzuki.

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