Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 332

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 332
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, Southeast Asia, and the Middle East, among other regions. Local demand for decarbonization and intelligent driving has emerged as a key growth driver for us. Going forward, we plan to leverage increasing governmental and industry support for zero -emissionvehicles and technologies to promote our NEV trucks. Additionally, we will continue to innovate hybrid -poweredmodels that are compatible with assisted, fleet and autonomous driving technologies to meet evolving customer demands. Further R&D investment and build production capacity with a focus on high-growth vehicle models We plan to focus our R&D efforts on vehicle models and application scenarios with high market acceptance and growth potential. These include long -haulheavy freight transport, less -than -truckloadtransport, cold chain transport, port operations, large -scaleindustrial logistics, and specialty vehicles. In order to reduce our operating costs in the long term, we plan to establish a manufacturing facility with a capacity of 50,000 units by 2026. Unlike traditional automakers who concentrate on conventional manufacturing techniques of stamping, welding, painting and assembly, we will steer our focus on producing whole vehicles that we collaborated in developing and high -valuekey components. We anticipate that this production capacity expansion plan will raise our profit margins by 8% to 15%, distinguishing us from our industry peers. Enhance customer acquisition and accelerate the commercialization of our vehicles We intend to enhance customer acquisition and accelerate the commercialization of our vehicles by deepening engagement with industry -leadingcorporate customers and providing tailored services. We plan to routinely communicate with industry customers to stay informed of their evolving business needs and develop vehicle models and features accordingly. Leveraging our hydrogen production capability, we also plan to assist our customers with energy supply and customize energy solutions for our customers. We intend to construct 60 hydrogen refueling and electricity charging stations by 2027 and 400 hydrogen refueling and electricity charging stations by 2030, with an estimated investment amount of RMB7million to RMB10million per hydrogen refueling station and RMB2million per electricity charging station. We believe such tailored product and service offerings will increase customer stickiness and expand our existing customer base. In addition, we plan to expand to broader regions across China to reach new prospective customers, by opening direct stores and developing more sales partners to serve as on -the -groundoutposts for customer outreach. We plan to establish more than 300 direct stores and outposts by 2027, with an estimated investment amount of RMB5million per location. We also plan to