Zhangxue Motor signed a cooperation agreement with Zhongji Zhonglian Engineering
Co., Ltd., which will design the facility. Zhangxue will build a motorcycle R&D
and production base in Chongqing Liangjiang New Area with annual capacity of
500,000 motorcycles, combining scaled mass production, smart manufacturing and a
premium brand showcase; production processes will be designed to accommodate
product iteration over the next decade.