Wuhan Sky-well New Energy Automobile Co., Ltd. (hereinafter referred to as “Wuhan Sky-well”) is Sky-well New Energy Automobile Co., Ltd. (hereinafter referred to “Sky-well Automobile” ). It is a wholly owned subsidiary of Sky-well Automobile.

The total investment of the project is 5.1 billion Yuan. The first and second phases of the project are mainly vehicles manufacturing, with a total investment of 3.6 billion Yuan, of which 825 million Yuan are invested in fixed assets; The third phase of the project is core components manufacturing, with an investment of 1.5 billion Yuan.

The company was established in July 2016. The registered location is the General and Aviation Industrial Park in Hannan District in Wuhan. The company mainly engages in the development, production, sales of new energy buses, light buses and core components and such products. The production process of the products conforms to the requirements of the national environmental protection. The products cover 4 m to 6 m light vehicles, 6 m and 12 m city buses, tourist buses, group buses, long-distance buses, CNG buses, LNG buses, pure-electric buses, hybrid and other new energy buses. The production program is to produce 10000 sets of products per year. The products are best-sold in domestic and foreign markets based on the market of Wuhan.