Token Cat Limited Signs $1 Billion Cross-Border Deal with Ouyi Industrial CO.

Token Cat Limited Partners with Ouyi Industrial for Global Expansion

In a strategic move aimed at bolstering its international presence, Token Cat Limited (NASDAQ: TC) has officially signed a notable $1 billion cross-border distribution cooperation agreement with Ouyi Industrial CO., Limited. This collaboration is poised to revolutionize their global market strategy and enhance their operational capabilities in the automotive sector.

Purpose of the Agreement

The primary objective of this partnership is to develop a comprehensive cross-border cloud platform that will streamline supply chain processes. This platform is expected to facilitate Token Cat's entry into lucrative international markets, targeting a cumulative overseas revenue of $1 billion in the next three years. The partnership aims to leverage both companies' strengths in supply chain management, resource availability, and market knowledge.

Combined Expertise

Token Cat Limited plans to maximize its supply capacity within the automotive replacement parts market, focusing on automotive distribution, accessory sales, and vehicle services. Ouyi Industrial brings to the table its well-established overseas distribution channels and extensive experience in international trade, providing the necessary expertise to expedite market entry.

Both parties envision a digital management system connected to this cloud platform which will encompass various facets of their operations. This includes product showcases, joint sales initiatives, cross-border logistics, as well as inventory and distribution management. Customer service will also be a critical component of this comprehensive solution, ensuring a seamless experience from product inquiry through to after-sales support.

Future Prospects

As the partnership progresses, the cloud platform is expected to evolve into a global supply channel for Token Cat's anticipated new business models, which may include potential vehicle exports and vital components for electric vehicles. This proactive approach not only highlights Token Cat's commitment to innovation but also its strategy to diversify its business portfolio and enhance its market footprint.

Strengthening International Presence

The collaboration strongly aligns with Token Cat Limited's modernization efforts focused on capitalization, digitalization, and globalization. By improving platform efficiency and optimizing product offerings, the companies intend to bolster their global competitiveness, driving sustainable growth and profitability in international markets.

Conclusion

This strategic alliance exemplifies the growing trend among companies to seek partnerships that transcend borders, enabling them to adapt swiftly to changing market dynamics. With Token Cat Limited and Ouyi Industrial CO. combining their strengths, they are set to make significant strides in the automotive supply chain landscape, ushering in a new era of operational excellence and global outreach.

Safe Harbor Statement

This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995. These statements, including those regarding the company's plans and prospects, are identified by terminology such as "may," "will," "expect," "anticipate," "believe," and similar expressions. They are based on current expectations and market conditions and involve risks and uncertainties that are beyond the company's control. More information regarding these risks can be found in the documents filed with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update forward-looking statements unless required by law.