Expands SEA Markets <\/b><\/p>\n
Highlights its Technological Edge in New Energy Vehicles <\/b><\/p>\n
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HONG \u00a0<\/p>\n Davao City Mayor Ms. Sara Z. Duterte, Mr. Rodger Velasco, \u00a0<\/p>\n The electric bus, running on fast-charging lithium ion \u00a0<\/p>\n Mr. Mr. Cheung Ngan, Chairman of China Dynamics<\/b>, \u00a0<\/p>\n
\nKONG SAR –\u00a0Media OutReach<\/a>\u00a0– 11 December 2020 –\u00a0China
\nDynamics (Holdings) Limited<\/a> <\/b>(the “Company”; (Stock Code: 476), together with its
\nsubsidiaries, collectively “China Dynamics” or the “Group”), a
\nprovider of new energy vehicles and technology integrated solutions,
\ntoday launched its electric buses in Davao, the Philippines’ third largest
\ncity, marking the official use of the electric buses that it delivered earlier,
\nas well as the expansion of the Group’s sales network in Southeast Asia and the
\nimplementation of its internationalization strategy. The Group also launched its electric
\nbuses in Pasay City in Metro Manila at the beginning of this month. <\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/111454\/China-Dynamics-image.jpeg#image-111454\")
<\/p>\nLeveraging the China Dynamics’ advanced cloud-based software, the electric buses will be able to deliver efficient, reliable and comfortable transport service to the public in Davao, the Philippines.<\/span><\/h5>\n
\nPresident of Davao Light and Power, Mr. Freddie Tinga, President of Global
\nElectric Transport (“GET Philippines”), the first electric bus operator in the Philippines,
\nand Mr. Miguel Valldecabres Polop, CEO of China Dynamics, attended the launch ceremony
\nand witnessed how China Dynamics pioneered public transportation in Davao with
\nits electric buses that are tailor-made for the Philippine market, thus protecting
\nthe environment and helping improve traffic in the city. <\/p>\n
\nbatteries, is equipped with full air-conditioning and a retractable ramp that
\nhas been specially designed to meet the needs of persons with disabilities and
\nthe elderly. Leveraging the Group’s advanced cloud-based software, which
\nmonitors the vehicle’s diagnostics to determine potential maintenance issue,
\nthus significantly improving the vehicle safety and performance, the electric
\nbus will be able to deliver efficient, reliable and comfortable transport
\nservice to the public.<\/p>\n
\nMiguel Valldecabres Polop, CEO of China Dynamics<\/b>, said, “The
\ncomprehensive development blueprint formulated by the Philippine Government
\nwill present enormous opportunities to the new energy vehicles market. Given
\nthis, along with the rapid growth of our electric bus and electric vehicles
\nbusiness in other Southeast Asian countries, the Group is expected to obtain
\nmore orders for electric buses accordingly. We are accelerating the pace of the
\nGroup’s sales in other ASEAN countries in a bid to take our business to the
\nnext level.”<\/p>\n
\nsaid, “Development of green transportation has become a global focus. China
\nDynamics will ride on the global trend in the continuing development of new
\nenergy industry and will respond to the needs of the international community by
\ndrawing on our technological advantages in new energy vehicles. We will also
\ncapture opportunities arising from the environmental protection market to further
\nexpand our business to overseas markets. After the launch of the first electric
\naccessible minibus in Hong Kong and the introduction of our electric buses in
\nthe Philippines, we will soon deliver 12-metre complete chassis for electric
\nbuses to Latin America and logistics vehicles to Europe, thus fulfilling the
\nGroup’s commitment to contributing to environmental protection and to society.”<\/p>\n