In the automotive sector, the authorized Palaniac Chery dealership in the Philippines, and the second Omoda & Jaecoo store in the Philippines, officially opened! This marks another significant achievement in the global strategic cooperation between Shandong Gangzhong Building Materials Group and Omoda & Jaecoo in the Philippines, signifying that Chinese automotive brands are officially deepening their presence in the Philippine passenger vehicle market and bringing a brand-new car buying and service experience to local consumers.

At the opening ceremony, Mr. Gao Long, head of our automotive business, delivered a speech, extending a warm welcome and sincere gratitude to the sales team, the Omoda & Jaecoo Philippines team, and friends from all walks of life. He stated that this cooperation goes far beyond the opening of the showroom; it is an important step in our global expansion strategy. Our group's business covers more than 20 countries in Asia, Africa, Europe, and South America, deeply involved in the entire chain of automotive trade, warehousing and logistics, showroom operation, KD assembly, and after-sales service. Leveraging our mature global operational experience, we are fully committed to supporting Omoda & Jaecoo's steady development in the Philippine market.

The successful opening of Palagnac's first store is the result of close collaboration between both parties. Moving forward, the group will leverage its global resources to empower local operations, working hand-in-hand with the Omoda & Jaecoo Philippines team to expand and strengthen the brand, providing Filipino customers with high-quality vehicles and professional, attentive service.

The Philippine automotive market: A market with enormous potential, with new energy vehicles and high-quality products becoming core trends. Starting from Parañaque, Hong Kong Automotive Group and Omoda & Jaecoo will work together, leveraging professional services, high-quality products, and a global perspective to support the continued growth and expansion of Chinese automotive brands in the Philippine market. This will allow more Filipino users to experience the superior quality of Chinese vehicles and help Chinese brands set sail overseas!