On July 8, 2021, Li Wenqing, Secretary of the Party Committee and chairman of SICHUAN DEVELOPMENT HOLDING Co., LTD., (hereinafter referred to as SICHAUNG DEVELOPMENT), and Zhang Yigang, deputy secretary of the Party Committee, vice chairman and general manager of Sichuan Development visited PanGood. Li Ping and Hanjun, founder of PanGood Power and Mr. Han Jun led PanGood management team to give a warm reception. Both sides conducted in-depth communication on strategic cooperation matters.

In PanGood exhibition hall, chairman Li Wenqing had an overall understanding of PanGood development, detailed understanding of the company in the new energy vehicles, industrial and other fields of electric drive products application, the disk hub power to axial flux motor as the core of the electric drive solution in the technical advancement, reliability and other aspects expressed full recognition.

During the visit “BMT”, Chairman Li Wenqing and his party gave high praise to“BMT” applying PanGood four-airbag independent suspension drive system. With the arrival of aging, “BMT”with one-step boarding, full-flat floor and a large aisle will be one of the important development directions of low-floor urban public transport in the future. At present, “BMT”have been safely operated in more than 20 million kilometers in more than ten cities in China, such as Shanghai, Fuzhou, Jinhua, and so on.

After that, the two sides held an exchange forum. Mr. Li and Mr. Han expressed their gratitude to Chairman Li Wenqing and his party for their visit. Mr. Han introduced PanGood development and strategic planning to Chairman Li Wenqing and his party in detail. Chairman Li Wenqing affirmed the current development of PanGood. He said that Sichuan Development, as a state-owned capital operation platform based on state-owned capital operation and focusing on financial services, focusing on innovative, leading and growing emerging technology industries. The original and leading technology of PanGood is the basis for strategic cooperation between the two sides. He hoped that two sides can carry out in-depth cooperation in the field of new energy commercial vehicles, sewage treatment and other environmental protection fields.

At the end of the meeting, both sides said that they would continue to maintain close communication and contact on cooperation issues in the future to promote China's independent scientific and technological innovation and contribute to the construction of a technological power.