Recently, Guangxi Automobile Group Co., Ltd. (hereinafter referred to as Guangxi Automobile Group), leveraging its Hong Kong-listed company Wuling Motors Holdings (00305.HK), established Hong Kong Innovation Center and signed a memorandum of understanding with the Hong Kong Polytechnic University, so as to take a solid step towards promoting the green transformation and sustainable development of the automotive industry.

It is learned that Guangxi Automobile Group has long adhered to an innovation-driven development strategy, leading the company's growth with technological innovation. It has achieved significant results in product innovation, process innovation, and the construction of innovation platforms, continuously upgrading and expanding based on the existing innovation models and national-level innovation platforms. The establishment of Hong Kong Innovation Center marks Guangxi Automobile Group's accelerated pace in technological innovation, continuously empowering research and development capability improvement and international business development.