Ocean Electric Motors: The Chongqing factory will gradually release production capacity according to business development.

Ocean Motor stated on its interactive platform that the company's Chongqing factory has officially started production, mainly for the manufacturing of new energy vehicle powertrain systems and key components. The Chongqing factory will gradually release production capacity according to business development. Currently, it is in the early stage of production, and production ramp-up and market expansion will require a certain period of time. It is expected that this will not have a significant impact on the company's operating performance in 2025.