Weifang Ruichi Automobile Systems Co., Ltd. is an enterprise engaged in the research, development, manufacturing and sales of automotive super platform and new energy vehicle-related products under investment and holding by CRRC Urban Transportation Co., Ltd. It has created China's low-speed electric power with its R&D advantages, product advantages and market advantages. New pattern in the automotive industry.

CRRC Urban Transportation Co., Ltd. is headquartered in Shanghai and was established in March 2016. It is a mixed-ownership enterprise initiated and established by CRRC Group and local state-owned assets and strategic investors. The company is positioned as a test field for state-owned capital investment, a pathfinder for business model innovation, and a carrier for CRRC brand output. The company's mission is to build a world-class urban green intelligent transportation overall solution service provider and be an outstanding regional strategic emerging industry development organizer. Relying on CRRC's strong strength in urban transportation, Weifang Ruichi Automobile has been widely recognized by the market for its products, development models and technological innovation capabilities, and its production and sales are among the best in the industry.

Since its establishment, the company has insisted on the path of independent research and development and innovative development. It has successively developed and developed a variety of mass-produced models such as A00-level two-door two-seater electric vehicles, A0-level four-door five-seater electric vehicles, two order-based production models such as site sightseeing cars and electric supercars, as well as electronic control systems and battery management. System and other two key new energy vehicle technology products. Weifang Ruichi Auto has launched a number of models in just a few years, thanks to the company's automotive super platform technology. The automotive super platform allows each model to have personality and characteristics, while the sharing rate of parts reaches more than 90%, achieving high-level, diversified and low-cost product development and manufacturing, greatly improving automotive design and manufacturing The efficiency of the product reduces the cost of production and manufacturing and after-sales service costs, and provides convenience to consumers.

Weifang Ruichi Auto's independent brand "Ruiyi Electric" is a cost-effective product that meets market demand after market research. The main models include Ruitu, S6, R3S, V6, etc. The beautiful appearance, personalized configuration, high-quality craftsmanship and super high cost-effectiveness have made Ruiyi Electric popular in the market. After its launch, it continues to maintain its top production and sales in the industry. At present, the company has developed more than ten models and nearly 40 configurations. The product marketing network extends to all parts of the country, and some products are even sold overseas. The product marketing network and after-sales service network are constantly expanding and improving, providing customers with more professional services.

Up to now, the company's diversification has been effectively promoted, the corporate brand influence has been effectively promoted, and the brand value has been continuously enhanced.