DECH FUTURE Automotive Technology Co., Ltd. (hereinafter referred to as "DECH FUTURE") was established in 2021 and is headquartered in the Academician Valley Exhibition Center of Jinghe New City, Xixian New Area, Shaanxi Province. It is a joint venture founded by Shaanxi Automobile Holdings Group Co., Ltd. together with the Management Council of Jinghe New City of Xixian New Area, and upstream and downstream enterprises and operation teams of the automobile industry chain, which aims to fully implement the important instruction of "new model, new format, new technology, new product", and the reform of state-owned enterprises in Shaanxi Province and the construction requirements of Qin Chuang Yuan Platform, an innovative platform company integrating all the elements of "government, industry, university, research, demand and finance".

DECH FUTURE focuses on scientific research and innovation, transformation of accomplishments, technology incubation, and industrial agglomeration in the fields of commercial vehicles' intelligence, electrification, and lightweight construction. The business comprises automobile-related R&D and services, materials, and information technology; new energy vehicle sales; manufacturing and sales of vehicles and accessories; investment and investment advisory services, etc.

DECH FUTURE aims to establish a collaborative innovation network and industrial ecosystem, creating a new type of R&D institution that gathers innovative elements. It serves as a platform for the transformation of high-tech achievements and contributes to the creation, growth, and development of high-tech enterprises. Centering on new energy and commercial vehicles and independently-controllable intelligent Internet technologies, DECH FUTURE incubates enterprise clusters, building a technology innovation industrial park that centers around a strategic innovation chain layout on the group's premises.