IAT has inked a Master Business Agreement with Nissan (China) Investment Co., Ltd. to collaborate on the development of automotive product models. This partnership encompasses vehicle development commissions, auto parts, and system development. The agreement serves as a framework document valid for six years, with specific cooperation details to be negotiated individually. As an industry-leading provider of independent vehicle R&D and system solutions, IAT offers "turnkey" services characterized by full-process, full-field, full-stack, and short-cycle capabilities. With multiple classic and best-selling models in the Chinese market, Nissan brings significant strength to this venture. This collaboration is poised to bolster IAT's business expansion, ensure operational stability, and elevate its influence among international clientele, thereby strengthening its global brand reputation.