Kunming Yunnei Power (000903.SZ) announced that in response to the Dianzhong New Area in Yunnan Province, it is accelerating the construction of the intelligent logistics commercial operation platform and plans to launch L4-level intelligent delivery robot services. On September 13, 2024, the company signed a strategic cooperation agreement with Navigo Intelligent Technology (Suzhou) Co., Ltd. ('Navigo Intelligent Technology') to establish a strategic partnership in L4-level intelligent delivery robot related hardware, software, and business operation, etc.

The announcement stated that with the construction of smart cities nationwide, the demand for service-oriented unmanned vehicles has been growing, especially in recent years with the vigorous development of e-commerce, new retail, and community group buying industries, the urban distribution market continues to expand and the demand for unmanned delivery vehicles is huge. As a key equipment manufacturing industry in Kunming, the company has been recognized by Navigo Intelligent Technology for its advantages in terms of market, resources, and technology. This cooperation is in line with the company's future development strategy and can fully leverage the company's advantages in market, resources, technology, etc., to jointly promote the development of the smart transportation industry with Navigo Intelligent Technology, enhance resource integration and business expansion capabilities, achieve mutual benefit and win-win, and further enhance the company's overall strength.