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Ecordia has been invited to participate in the themed seminar on intelligentization in the automotive industry by FOUNDER H FUND

Recently, Ecordia was invited to participate in the Automotive Intelligence Special Topic Seminar hosted by FOUNDER H FUND CO.LTD. (hereinafter referred to as "FOUNDER H FUND") at the Zhaotai International Center in Chaoyangmen, Beijing, where the second event of the 2024 series of industry sharing sessions was held — the Automotive Intelligence Special Topic Seminar.

Wen Ji, Chief of the Automotive Sector at FOUNDER H FUND Securities Research Institute, delivered a special industry report on recent developments in the automotive industry sector and the trend of intelligent automotive ecology development. Chen Liguo, Executive Director of Underwriting and Sponsorship and the representative of FOUNDER H FUND, made a special presentation on the main situation of domestic and foreign securities markets.

CEOs and executives from eight upstream and downstream companies in the industry chain, including Ma Wei, CEO of CiDi; Xiao Qingpeng, Chairman of LIAN BO PRECISION; Xie Xiyu, Founder of Shenzhen Tensor; Ningbo, Vice General Manager of Wuhan Liyan; Chen Lei, CFO of Metoak; Wang Ying, Business Director of LANGSHION ; Chen Jing, CFO of Ecordia; and Du Junlin, Vice President of Jimu Intelligent, shared entrepreneurial opportunities and investment opportunities in the process of transformation and development from traditional fuel-based to new energy-based automotive enterprises, combining their own development situations. Industry experts, industrial enterprises, and investment institutions communicated and exchanged industry information through a combination of online and offline methods, docking with high-quality projects.

Wen Ji, Chief of the Automotive Sector at FOUNDER H FUND Securities Research Institute, stated that driven by multiple factors such as exports and domestic demand, the overall automotive industry in 2024 maintained a relatively high growth rate, but the growth showed a trend of slowing down. Advanced intelligent driving has become an integral part of car purchasing decisions, and its importance is gradually deepening.

Chen Liguo, Executive Director of Underwriting and Sponsorship and the representative of FOUNDER H FUND, shared the development of the domestic securities market, compared and introduced the market positioning, price-earnings ratio fluctuations, and market size of the main board, ChiNext board, STAR Market, and Beijing Stock Exchange. At the same time, he answered questions about the IPO review situation, IPO review concepts, and key issues of concern, and compared and introduced the overall situation of the Hong Kong securities market, comprehensively explaining the main ways of exiting the capital market.

Chen Jing, CFO of Ecordia, introduced that Ecordia was established in 2007, dedicated to providing end-to-end mobile communication systems and short-range communication solutions for clients in the Internet of Things industry, such as intelligent connected vehicles and smart terminals. The company's products and solutions cover vehicle-mounted TCU full-stack software, middleware components, protocol stacks, custom software development, automated in-environment test solutions, global operator mobile network simulation, and specialized Field to Lab laboratory products. Software-defined cars are a cyclical and highly probable trend, and the automotive software market space is huge. With the advantages of communication + software + automotive electronics cross-border integration, Ecordia enters the automotive software track and has complete development and testing technology closed-loop capabilities.