Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 86

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 4
Chunk 86
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 hybrid dump truck, is open for order in 2025. With a GVW of 120.0 tonnes, Sky Turtleis
primarily designed for off-road, mining uses. Sky Turtle, with a maximum engine power of more than 1,000
horsepower, shares similar hardware configurations and power systems with our Dragon King. In
addition, Sky Turtlecan operate in various driving modes, including all-electric, diesel-powered, hybrid mode and
rear axle disconnection, and enables power recovery during braking and descending. This flexibility allows for optimal performance
based on specific requirements. Compared to same-sized diesel-fueled models, Sky Turtleenables more
energy cost savings. Moreover, the truck incorporates fully-autonomous driving technology and features a cableless design, and
a variety of commands based on vehicle usage and algorithms can be sent to the chassis system for overall vehicle control and
operation, making it ideal for unmanned fleet operations. The following table sets forth the key parameters of Sky
Turtle.

  Length/Width/Height (mm)        9,100/3,700/3,850  
  Vehicle weight (kg)                        34,500  
  Maximum loaded weight (kg)                 85,500  
  Battery capacity (kWh)                         52  
  Maximum speed (km/h)                           45  
  Motor power (kW)                              286  

Vehicle Deliveries

We currently have three vehicle models under mass production, namely
ourGalaxy II, Dragon KingandQ-truck. We currently have three vehicle models open for order, namely ourAndromeda,
Andromeda+and Sky Turtle. As of June 30, 2025, we had received 103 and three customer
orders for ourQ-truckand Galaxy II, respectively. Under these customer orders, unless we fail to deliver
our trucks within the specified timeframe, our customers cannot unilaterally cancel such orders without cause. We commenced deliveries
for customer orders in September 2022. We had delivered 103Q-truckand three Galaxy IImodels
pursuant to customer orders as of June 30, 2025. The relevant customers are entitled to cancel their orders if we fail to deliver
vehicles within 30 days from the delivery date specified in their orders. As of the date of this annual report, we have not experienced
seasonality in our business operations.

Vehicle Parts and Components

In addition to vehicle
design and development, we develop