On June 17, Sunwoda Held The 33rd (interim) Meeting Of The 5th Board Of Directors And The 33rd Meeting Of The 5th Board Of Supervisors, Deliberated And Passed The Proposal On The Joint Investment And Establishment Of A Joint Venture By Subsidiaries, Dongfeng Group And Dongfeng Hongtai, And Approved The Joint Investment And Establishment Of A Joint Venture By Sunwoda Subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (hereinafter Referred To As "sunwoda Automotive Battery"), Dongfeng Motor Group Co., Ltd. (hereinafter Referred To As "dongfeng Group") And Dongfeng Hongtai Holding Group Co., Ltd. And Relevant Components To Meet The Demand Of Dongfeng Group, Dongfeng Hongtai And Their Related Parties For Automotive Power Batteries And Energy Storage Batteries.