Autozi and China Auto Maintenance Parts Alliance Forge Strategic Partnership, with an Annual Sales Target of $200 Million
The two parties have established a three-year integration roadmap.
Members selected for the initial batch have already commenced the establishment of regional joint ventures with Autozi. Subsequently, their existing business operations will be consolidated into these new entities to align with the compliance standards required for listed companies.
The plan aims to integrate up to 30 member companies into Autozi's network within three years, achieving coverage across 30 provinces in
About
Founded in 2016, the
About
Founded in 2010, Autozi is a fast-growing automotive service and technology platform in
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the
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