Wanma Technology Co., Ltd.

Wanma Technology Co., Ltd. is a high-tech enterprise founded in 1997 and listed on the Shenzhen Stock Exchange in August 2017. The company specializes in the research and development, production, and sales of telecommunication equipment, power distribution products, and medical informatization products. Its offerings include IDC products, mobile base station products, optical communication products, and various industrial control products, which are widely utilized in sectors such as digital communication, cloud platform construction, and communication networks. The company has expanded its operations into the Internet of Vehicles (IoV) sector, providing IoV connection platforms and services, as well as intelligent computing and driving toolchain products. Wanma Technology has developed the "Lanhai" global IoV ONE SIM solution, which supports connected vehicles through private networks and connection management platforms. Additionally, it has established a comprehensive service system that covers the entire product lifecycle and has deployed data centers globally to enhance service efficiency. The company maintains a strong focus on R&D, with a significant portion of its revenue allocated to innovation, and has built extensive partnerships with industry leaders to support its growth in both domestic and international markets.

The company has always adhered to the corporate spirit of "Integrity and Pragmatism, Virtue and Dedication, Cooperation and Progress, Striving and Innovation" and the corporate mission of "Create value for customers, create happiness for employees, and create value for society". Relying on corporate competitive advantages such as leading technological innovation, rapid delivery capabilities, a sound quality assurance system, and brand advantages, it maintains steady growth in operating performance. The specific competitive advantages are as follows: (I) R&D and Innovation Advantages The average proportion of the company's R&D investment in operating income over the past three years is 8.67%. Since its establishment, the company has always regarded technological R&D as a core strategy.It has institutionalized and standardized R&D processes, delivery standards, and operation and maintenance systems. Shanghai Yoocar has an independent R&D team that collaborates efficiently around a unified technical architecture and R&D processes. It covers key links such as product planning, system development, test verification, algorithm research and intelligent applications, supporting the sustainable development of the company's core IoV business. With technology connection as its foundation, Shanghai Yoocar is committed to continuous iterative innovation in connected architecture design and building a four-dimensional barrier of "Technology-Cost-Experience-Service". The company continues to make efforts in intellectual property (IP) layout and technical standard formulation. It has accumulated over 300 authorized patents and approximately 130 software copyrights. (II) Sales and Service Advantages With years of technical accumulation and industry experience, the company has built a comprehensive solution system covering R&D, design,production,sales and maintenance services. It has a complete industrial chain support, continuously improves product and service quality and significantly enhances market competitiveness. In the telecommunications field, the company actively promotes localized service layout and builds an efficient remote customer service system to achieve rapid response and accurate support for customer needs. In the IoV segment, it has established a service system covering the entire product life cycle. Relying on a three-level technical support structure and an intelligent operation and maintenance platform, it realizes real-time monitoring of global network quality and rapid fault location. (III) Advantages of Integrating Globalization and Localization As Chinese automobile makers accelerate their entry into the international market, the company actively promotes the strategy of a global business ecosystem and speeds up the expansion of overseas markets. Currently, it has deployed six data centers worldwide (located in China, ASEAN, Europe, North America, Western Pacific, and the Middle East), achieving remote verification of global network capabilities, centralized monitoring, and rapid fault reproduction and resolution, thus improving service response efficiency. The company has established in-depth relationships with mainstream operators in many countries and regions around the world, ensuring that vehicles can access the optimal local network in the target market, reducing cross-border network latency and enhancing user experience.The company's "Lanhai" Global One-Stop Connected Vehicle Solution provides services including connection management, connected vehicle management, global insight and compliance management worldwide through IoV private networks and connection management platforms. Vehicles in target overseas countries use appropriate local or roaming operators for network services, which simplifies supply chain management, reduces management and O&M costs, enriches business operation capabilities, and improves the quality of overseas network services. Currently, the company has provided overseas network services for vehicles of Geely, Dongfeng Liuzhou Motor, Dongfeng Motor, SAIC, Lynk & Co, and Galaxy. It also has overseas designated customers such as Li Auto, FAW Besturn, Voyah, and Renault. (IV) Customer Resource and Brand Advantages With strong innovation capabilities and technical strength, the company has established long-term and stable strategic cooperation partnerships with customers in various business segments, accumulating a large number of high-quality customer resources and laying a solid foundation for its sustainable and healthy development. In its IoV and intelligent driving businesses, domestic downstream customers include well-known automobile manufacturers such as Geely, Li Auto, SAIC, Dongfeng, Voyah, IM Motors, Baidu, and FAW Besturn. Meanwhile, as automobile makers expand overseas, the company has provided overseas network services for vehicles of Geely, Dongfeng Liuzhou Motor, Dongfeng Motor, SAIC, Lynk & Co, and Galaxy, with additional overseas designated customers including Li Auto, FAW Besturn, Voyah, and Renault. The company's communications products are widely used in many fields such as IDC server rooms,cloud platform construction,telecommunication networks,medical fields,national high-speed railways,and rail transit.It has long been a major product supplier and strategic partner of industries including China Telecom, China Mobile, China Unicom, and China Radio and Television. Its medical information products are used by major hospitals, with excellent results in Grade A tertiary hospitals, reaching the advanced level in the industry. (V) Flexible Manufacturing Advantages With the development of modern telecommunication technology and the further promotion of medical information products, customers have increasingly higher requirements for the variety and precision of telecommunication network wiring and information cabinets. The demand for customization and small-batch production has also increased. The company has introduced a complete set of production, processing, and testing equipment, and possesses customized and high-precision production and processing capabilities. The company's production process has achieved a high level of informatization. It has established CNC centers,laser cutting and assembly centers,and is equipped with a large number of automated production equipment and engineers in the control center. Its global one-stop IoV solutions and autonomous driving solutions can meet the needs of cooperative companies in the fields of connection and computing, and provide high-quality and customized services. Customers in the IoV business have more complex and detailed requirements for network channels, connection management, secure access, and traffic operations. The company’s IoV platform integrates communication network capabilities and IT operation capabilities, providing one-stop services centered on communication connection management.