On December 26, EAN Technology made an announcement stating that it had entered into a strategic cooperation agreement with Tailg Technology on December 24. Under the terms of this agreement, EAN Technology is designated as Tailg Technology's strategic supplier for magnesium alloy components. It will undertake the research, development, and production of magnesium alloy parts specifically tailored for Tailg's two-wheeled electric vehicle products, while also ensuring a steady supply and providing comprehensive services. To facilitate smooth collaboration, both parties have agreed to establish a regular high-level meeting mechanism. Additionally, a joint working group will be set up to handle day-to-day coordination and technical alignment tasks. Detailed business terms, including supply quantities, specifications, pricing, and delivery schedules, will be outlined in separate procurement contracts or orders. It's important to note that this agreement does not specify any particular transaction amounts. The impact of this cooperation on EAN Technology's operating performance for the current and upcoming years will hinge on the actual progress and implementation outcomes that unfold subsequently.