On April 15, 2026, Nikko (Zhejiang) Motor Co., Ltd. completed its industrial and commercial registration and successfully obtained its business license. This marks a key milestone for the company's project in Pinghu, signifying its official establishment as a registered enterprise.

Nikko (Zhejiang) Motor Co., Ltd. will focus on the research and development, manufacturing, and sales of motor-related products. Moving forward, the company will expedite preliminary preparations, including factory construction and equipment installation, to steadily advance project development and lay a solid foundation for subsequent production and operations. Based in Pinghu and leveraging local industrial advantages, the company is committed to high-quality development, actively expanding its market presence, and contributing to the growth of the regional industry.