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On March 23, Ai Ma Technology's stock price defied the overall market trend, surging to its daily limit and closing at RMB 31.11 per share. It has been reported that geopolitical tensions in the Middle East have led to increased operational costs for traditional fuel-powered motorcycles in Southeast Asia, subsequently fueling a surge in demand for electric motorcycles in the region.
The spokesperson from Ai Ma Technology's investor relations department commented that the rise in global oil prices has expedited the shift from fuel-powered to electric motorcycles. Expanding into overseas markets stands as a pivotal strategy for the company's growth. At present, Ai Ma Technology is vigorously pursuing international expansion, having already set up production facilities in Vietnam and Indonesia, and is actively broadening the distribution channels for its proprietary brands.
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