Guangzhou Automobile Group issued an abnormal announcement on November 30, 2024. The company signed a deepening cooperation agreement with Huawei Technologies Co., Ltd. (referred to as "Huawei"). The company will create a new high-end smart new energy automobile brand, and with the new brand as the carrier, collaborate deeply with Huawei in the development, marketing, and ecological services of smart automobile products. The impact of this cooperation on the company's operation and performance depends on the progress in each specific area of cooperation.