Collier announced that its wholly-owned subsidiary Shenzhen Pengrui Investment and Development Co., Ltd. has signed a “Strategic Cooperation Agreement” with Shenzhen Ruiye Digital Private Equity Fund Management Co., Ltd. to jointly establish a private equity fund platform around motor-related industries. Due to objective reasons, the conditions for establishing partnership funds changed. Affected by factors such as the market environment and changes in the circumstances of the partners and interested parties, the two parties decided to terminate the agreement by consensus. As of the disclosure date of the announcement, Sun Company had not signed formal cooperation documents, had not invested, the proposed fund had not been established, and there was no substantial progress. The termination of the agreement did not affect the company's daily operations and financial situation.

Collier announced that its wholly-owned subsidiary Shenzhen Pengrui Investment and Development Co., Ltd. has signed a “Strategic Cooperation Agreement” with Shenzhen Ruiye Digital Private Equity Fund Management Co., Ltd. to jointly establish a private equity fund platform around motor-related industries. Due to objective reasons, the conditions for establishing partnership funds changed. Affected by factors such as the market environment and changes in the circumstances of the partners and interested parties, the two parties decided to terminate the agreement by consensus. As of the disclosure date of the announcement, Sun Company had not signed formal cooperation documents, had not invested, the proposed fund had not been established, and there was no substantial progress. The termination of the agreement did not affect the company's daily operations and financial situation.