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Deeply Cultivate Smart Tire Tech and Build an Industry-Leading Enterprise

July 12, 2023 News Center Company Honors

Since its founding, Lupital has focused on the research, development, and application of intelligent tire monitoring and management systems. As a technology-driven enterprise with a deep technical foundation, Lupital adheres to its mission of "Technology Protects Travel Safety" and actively promotes the intelligent and digitalization of tire safety management.

In recent years, Lupital has implemented its technology in numerous key scenarios both domestically and internationally. The company has reached a partnership agreement with the Zahannur Open-Pit Coal Mine, a subsidiary of the State Power Investment Corporation, to provide tire safety monitoring and management systems for over 2,000 wide-body mining vehicles. The project has now entered phased delivery. This achievement not only improves operational safety and management efficiency of mining vehicles but also sets a benchmark for the large-scale application of smart tires in the mining industry.

Leveraging its internationally leading and domestically pioneered technological advantages, Lupital's intelligent tire systems are widely used in high-value applications such as mining, hazardous chemical transportation, express delivery, and urban public transportation. Lupital is also actively pursuing its globalization strategy, having reached an overseas market expansion agreement with Marubeni Corporation, a Fortune 500 company. Some of its products are already in use in markets such as Brazil and Italy.

Looking ahead, Lupital will continue to launch new generations of products to further enhance its tire blowout warning and abnormal wear monitoring capabilities, reduce losses caused by abnormal tire failures, and ensure transportation safety. In its mid- to long-term strategic plan, our company will also gradually expand into cutting-edge areas such as autonomous vehicle chassis monitoring and road perception. Our company plans to complete business model validation and market development for core application scenarios within three years, with sales targets exceeding 50 million yuan, with at least 30% coming from overseas markets. The company aims to become an industry leader in the smart tire market.

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