Changzhou Nrb Corporation(002708) : Announcement on receiving the notice of honeycomb transmission fixed point

Securities code: Changzhou Nrb Corporation(002708) securities abbreviation: Changzhou Nrb Corporation(002708) Announcement No.: (2022) No. 005 Changzhou Nrb Corporation(002708)

Announcement on receiving the notice of fixed point of honeycomb transmission

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Fixed point notification summary

Changzhou Nrb Corporation(002708) (hereinafter referred to as “the company”) recently received the notice of fixed point from honeycomb transmission technology Hebei Co., Ltd. and Baoding R & D branch of honeycomb transmission system (Jiangsu) Co., Ltd. (hereinafter referred to as “honeycomb transmission”), and the company was selected as the development cooperation supplier of electric drive and hybrid projects by honeycomb transmission.

2、 Impact on the company

Honeycomb transmission, formerly known as Great Wall Motor Company Limited(601633) transmission module, is a comprehensive enterprise focusing on the R & D, manufacturing and sales of transmission technology. It has independent research institutes, trial production workshops, test centers, manufacturing bases, supporting vehicle test sites, environmental warehouses and other high-quality resources. The products cover traditional manual transmission, automatic transmission, hybrid transmission, pure electric reducer, 4WD PTU and other products. It is one of the few high-quality products and technical service providers with complete experience in the whole category of transmission products from conceptual design to mass production. This designated product is mainly used in Great Wall Motor Company Limited(601633) DHT project. It is a high-efficiency hybrid system with dual motors independently developed by Great Wall Motor Company Limited(601633) and is expected to match SUV pure electric models in the future.

In recent years, the company has continuously increased its R & D investment, continuously optimized its product structure, closely followed the development trends of industries such as the comprehensive switching of automatic transmission and the rapid penetration of new energy vehicles, and has established close business cooperation with customers such as Byd Company Limited(002594) , Volkswagen, ideal, great wall, Geely, Xiaopeng, Weilai, Zero run, beehive, Daimler and bogwarner. The re designation of honeycomb drive new energy project is an affirmation of the company’s R & D and innovation ability, production level and supply capacity, and will have a positive impact on the company’s rapid expansion of new energy vehicle market and improvement of market share.

3、 Risk tips

The follow-up company will complete the development, production and delivery of the above series of products within the specified time according to the requirements of customers. This event will not have a great impact on the company’s operating performance this year, but will have a positive impact on the company’s future business development and performance of auto parts. There are uncertainties in the development and supporting facilities. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Changzhou Nrb Corporation(002708) board of directors

March 7, 2022

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