$Faraday Future Intelligent Electric(FFAI.US) Hebei Huanzhou Automobile Sales Co., Ltd./The legal representative is Wu Lin, what's his background? Is Great Wall Motor also in Hebei?

On February 11th, FF, as planned, signed a series of agreements including the mass production engineering service agreement for the FX Super One pure electric model and other related agreements with its bridge strategic partner, Hebei Huanzhou Automobile Sales Co., Ltd. Both parties will work together to advance the model's compliance certification, mass production, and delivery in the U.S. market. Simultaneously, they also reached a strategic cooperation for the development of three new models, including the FX 4.

1. The signing of this series of agreements marks a further upgrade and deepening of the strategic partnership between FF and its bridge partner. Both parties will jointly push for the mass production and delivery of the FX Super One, further ensuring the on-time completion of all SOD stages this year.

2. Based on the smooth progress of the FX Super One project, the two parties have formally reached a strategic cooperation for three new models, including the FX 4, and will further negotiate on expanding sales regions for the target models in the U.S., Canada, and Middle Eastern markets.

3. The signing of the core terms for large-scale mass production parts procurement marks the further establishment of the low-cost advantage and supply chain stability for the FX Super One's large-scale delivery. Through collaboration with its bridge partner, FF will continue to amplify cost advantages, enhance the full lifecycle profitability of FX-related models, and particularly, with industry-leading parts procurement cost advantages, help the company achieve positive cash flow as soon as possible.

4. The signing of the "Super One Model Mass Production Engineering Service Agreement" is the final cooperation milestone for the FX Super One's full-scale mass production. FF and its partner will jointly push for mass production and delivery, further ensuring the on-time completion of all SOD stages this year.

5. The signing of intellectual property-related agreements will, based on FF's over-a-decade of accumulated AIEV technology, further enhance product competitiveness in the mechanical field, enrich the intellectual property portfolio, and strengthen the company's global technological competitiveness.