Digital Currency X Technology Co., Ltd. was incorporated under the laws of the Cayman Islands on June 14, 2022. They are a holding company and conduct business in China through Shandong Baoya and its subsidiaries. They are a high-tech enterprise engaged in the research and development, production and sales of new energy vehicles. New energy vehicles refer to plug-in electric vehicles, including battery electric vehicles, plug-in hybrid electric vehicles (PHEV) and fuel cell electric vehicles. Their mission is to produce vehicles with efficient exhaust emissions, improve air quality, and benefit users and the environment. The main business includes the design and development, production, sales, after-sales service and export of new energy vehicles and auto parts. Their passenger vehicles include small cars, sedans and sport utility vehicles, or SUVs, while commercial vehicles include light trucks and vans. Their automotive industry group provides products and services for the entire value chain of automobiles, including R & D, manufacturing, sales and product services.
