Recently, Contemporary Amperex Technology's wholly-owned subsidiary, Times Electric Service Technology Co., Ltd., officially signed a framework cooperative agreement for battery swapping ecology with China United Property Insurance Co., Ltd., aiming to improve the protection system of the battery swapping market and jointly promote the healthy development of the battery swapping ecology. This cooperation is an important step in refining the ecological layout of Contemporary Amperex Technology's chocolate battery swapping model, which will not only significantly enhance the compatibility between insurance products and battery swapping operations, but also provide consumers with precise risk assessments, professional insurance product designs, and efficient and convenient claims services. Both parties will work together through innovative insurance service models and extensive market promotion cooperation to create a transparent, fair, and secure consumer environment, enhance consumers' trust and recognition of the battery swapping model, and jointly promote the sustainable development of the battery swapping market.