On May 20, the chairman of Yulong Automobile Group and the relevant person in charge of Beijing Sankuai Technology Co., Ltd. (Meituan) met in Yulong Automobile Group, and the two sides had an in-depth discussion on the intersection of their respective businesses in the new energy industry. Based on Meituan's brand effect and strong financial strength, Yulong Automobile's ability to integrate the entire industry chain of new energy vehicles in the northern region has a bright future for cooperation between the two parties.

Meituan’s moped business will make up for the shortage of urban residents’ short-distance travel in Yulong’s urban smart transportation project in alpine regions, and Yulong Motors’ battery swap network will solve the biggest problem of Meituan’s moped business and Meituan’s distribution business for electric vehicle swapping. The cooperation between the two parties will improve the Yulong urban smart transportation project and accelerate the development of Meituan's mopeds and Meituan's distribution business. At the same time, Yulong's new energy vehicle operation management platform and Meituan's travel business also have huge space for cooperation.

In this meeting, the two sides made use of their own advantages to make up for the shortcomings of business enterprises, learn from each other's strengths and make up for their weaknesses, and achieve win-win results. Next, the two sides will conduct further in-depth discussions on specific cooperation methods and content.

Meituan visit letter

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