Autozi Internet Technology (AZI) surged 67.19% in premarket trading following the announcement of a $1 billion cross-border sales cooperation agreement with Wanshan International Trading Co. The partnership aims to integrate Autozi’s aftermarket parts and SPV portfolio with Wanshan’s global sales network, targeting rapid international expansion through a digital supply-chain cloud platform. The collaboration aligns with Autozi’s strategic pillars of globalization and digitalization, positioning the company to scale overseas sales of automotive parts and SPVs. The news directly correlates with the stock’s sharp premarket rise, as the agreement signals enhanced market access and long-term revenue growth potential.
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