Recent, some individual online media outlets have published information about the signing of a procurement cooperation agreement for sodium-ion battery module for electric tricycles between “Indonesia Huai Hai PT. HUAI HAI INDONESIA (PMA) and CNAE Zhongna Energy (Yangzhou) Co., Ltd.” at the Jakarta International Expo Center, which has sparked numerous inquiries. In order to prevent misunderstandings among the general public and related media, and to clarify the facts, Huai Hai Holdings Group hereby issues a solemn statement.

We will pursue legal action against infringements and will vigorously defend our rights!

Established in 1976, Huai Hai Holdings Group is a large-scale private enterprise integrating science, industry, and trade. It is a high-tech, ecological, and internationalized enterprise. It is one of China’s top 500 manufacturing companies, top 500 private enterprises, and top 100 companies in Jiangsu Province. It is also the Vice President unit of China Industrial Overseas Development Association and China Motorcycle Chamber of Commerce. After years of development, the Group’s business covers more than 120 countries and regions worldwide, with a cumulative sales volume exceeding 28.82 million units, ranking first in the industry for 18 consecutive years. We sincerely hope to work hand in hand with partners from various regions around the world to explore the international joint venture cooperation model of Huai Hai’s new energy industry, share the achievements of Huai Hai’s high-tech development, and jointly create the future of green industrial development.

Huai Hai Holdings Group will wholeheartedly supervise the market with customers and consumers, maintain its reputation, and continue to provide high-quality products and services. For any suspected infringements and unfair competition, we will take further legal measures to protect our legitimate rights and interests. We also urge customers and consumers to identify the relevant operating entities to avoid unnecessary losses.