IAT Automobile Technology Co., Ltd.

IAT Automobile Technology Co., Ltd. is a technology-driven enterprise specializing in the full-process research and development of complete vehicles and vehicle platforms, as well as the development of new energy and intelligent platforms. Established over two decades ago, IAT is the only independent automotive design company listed on China's A-share market. The company emphasizes innovation and has built a dual-core business structure that combines automotive design and core components, allowing it to offer comprehensive and rapid "turnkey" service packages. IAT's main business lines include automotive design services and core component manufacturing. The company undertakes complete vehicle development projects, covering all stages from product definition to testing and validation. Additionally, IAT has developed a diverse portfolio of core components, including power systems and high-voltage electric systems for new energy vehicles. With a strong focus on technological R&D and a global strategy for electrification and intelligent transformation, IAT aims to meet the evolving needs of both domestic and international clients in the automotive industry.

(I) Industry-Leading Technological Capabilities 1. Mastery of core automotive R&D technologies with over 1,000 technical patents: The company consistently emphasizes technological R&D and innovation. As of June 30, 2025, IAT holds 1,992 patents and 68 copyrights, including 152 invention patents, 1,787 utility model patents, and 53 design patents. Total patents increased by 3.91% compared to the end of 2024, with invention patents growing by 18.75%. 2. Over two decades of industry experience with extensive vehicle data and regulatory databases: The company’s vehicle R&D and design business covers multiple classes from A0 to C, and multiple categories including sedans, SUVs, MPVs, and vans. As of June 30, 2025, IAT has successfully developed nearly 500 vehicle models for over 80 clients. 3.High-standard R&D team structure, enhanced by top global experts: As of June 30, 2025, the company has 2,167 employees, of whom 1,649 hold a bachelor’s degree or higher, accounting for 76.10% of the total workforce. Additionally, IAT has formed an international automotive R&D expert team of over 100 members, bringing together seasoned experts from world-renowned automakers and design studios such as Bertone, BMW US Design Center, General Motors, Mitsubishi, Mercedes-Benz, Nissan, Toyota, Isuzu, Hyundai, Jaguar Land Rover, and Kia. (II) AI-Driven Innovation in Automotive R&D and Design Centered on its “User Value – Attribute Big Model” philosophy, the company has developed specialized AI models for intelligent styling generation, CAD generation, CAE simulation, hardware-software coupling design, and performance inversion. These support multi-level vehicle development clusters (from parts → components → assemblies → subsystems → systems → complete vehicles) and full-process development task clusters (covering eight stages from product definition to testing and validation). IAT is progressively building an AI-native digital-intelligent design system, VDA (Vehicle Design Automation), which integrates knowledge, algorithms, and models from automotive R&D, design, and production processes into an AI-powered industrial design platform. This platform provides subscription-based services for automotive design and development, establishing a new model and ecosystem for automotive R&D and elevating development efficiency. (III) Global “Tech + Supply Chain” Strategy for Electrification and Intelligent Transformation The company implements its overseas business through various service models, including R&D design, production line design, technology licensing, cost-effective core component products, joint R&D and promotion with premium partners, and technology-service packages. As the business ecosystem continues to mature, IAT is capable to provide both modular menu-style services and one-stop full-chain solutions, spanning “R&D → manufacturing → sales” requirements. The company is tailored to the diverse needs of domestic and international clients, empowering the global automotive industry’s transition to electrification and intelligence.