[Baolong Technology subsidiary plans to establish a new joint venture with Chery Technology and other operators] On September 24, reporters learned from the official website of the State Administration for Market Regulation that Shanghai Baolong Automotive Technology (Anhui) Co., Ltd. (Hefei Baolong), a wholly-owned subsidiary of Baolong Technology, plans to establish a new joint venture with operators such as Wuhu Chery Technology Co., Ltd., a subsidiary of Chery Automobile, to engage in the research and development and sales of automotive sensors, cameras, intelligent all-in-one machines and other products. Currently, the case is in the publicity stage. According to public information, after the establishment of the joint venture, Hefei Baolong, Chery Technology, and Wuhu Industrial Fund held 60%, 20%, and 20% of the equity of the joint venture respectively. (Reporter Liu Yang)