On February 18，Beidou Jiean signed a cooperation agreement with Saudi Nare Holding LLC Group，and the two sides plan to jointly establish a Saudi brand electric motorcycle to jointly explore the Middle East and North Africa market.This also marks the further expansion of Beidou Jiean's business territory and the first stop of the overseas market in 2024.

With the growing global focus on sustainable energy and low-carbon mobility, the electric vehicle industry is experiencing unprecedented rapid development. As an economic power in the Middle East, Saudi Arabia's "Vision 2030" proposes that in the future, it will mainly promote the development of oil and gas and mining, renewable energy, digital economy, logistics and other industries. For BDS, the Saudi market is undoubtedly a new world full of opportunities.

Nare Holding LLC Group is a new energy development and investment company based in Riyadh, Saudi Arabia, whose business scope covers solar photovoltaic, battery production, charging station network, etc. The company is committed to helping individuals, businesses and communities harness the unlimited power of renewable energy to shape a sustainable world.
Beidou JieAn has entered the field of new energy vehicles for many years, accumulated profound vehicle manufacturing experience and rich global resources, and achieved a number of independent innovations and technological breakthroughs in the fields of vehicle safety, three-power technology, chassis architecture and so on. In terms of quality, endurance, safety and intelligence, it has won a high degree of recognition from Southeast Asian customers.

In this cooperation, Beidou JieAn will cooperate with Nare company to carry out electric motorcycle sales and leasing business in Saudi Arabia. Nare will introduce Beidou Jiean's high-performance electric motorcycles to Saudi Arabia, be responsible for the operation and marketing of the project, and cooperate with local financial companies to provide financial guarantees for vehicle leasing. BDS will assist Nare in ensuring after-sales service for its vehicles and jointly provide comprehensive solutions for high-quality low-carbon mobility for Saudi customers.

Entering the Middle East market is a microcosm of Beidou Jiean's international business. In recent years, Beidou Jiean has continued to increase the development of the global market, through the export of vehicles and technology output, etc., to show the rich intellectual heritage and strong technical support of Chinese brands on the global stage. In 2024, Beidou Jiean will also take the road of "going to sea" well and write a new chapter in the practice of jointly building the "Belt and Road" initiative.