Ruifeng Power Group Enters Preliminary Agreement on Vehicle Testing Partnership

MT Newswires Live

2025/09/02

Ruifeng Power Group (HKG:2025) said it entered a preliminary agreement to jointly market and develop intelligent connected vehicle testing technologies with a company based in Beijing, according to a Hong Kong bourse filing Monday.

Shares of the specialized cylinder block manufacturer gained over 1% in morning trade Tuesday.

The company entered a non-legally binding strategic cooperation agreement with the tech firm as part of a broader push to strengthen its market position in the new energy vehicles and smart vehicle industries.

The cooperation is subject to a formal binding agreement, Ruifeng Power said.

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