White Rhino Intelligence (Beijing) Technology Co., Ltd. (hereinafter referred to as "White Rhino") and Zhejiang Zhongli Machinery Co., Ltd. (hereinafter referred to as "Zhongli Stocks") have forged a strategic partnership, embarking on a journey of in-depth collaboration within the realm of smart logistics. The primary objective of this collaboration is to synergize the strengths of both entities, jointly advancing the adoption and evolution of autonomous driving technology within the logistics industry.