Introduction

On March 19, 2026, Voyah Automobile was officially listed on the Hong Kong stock market, opening a new chapter in the Company's development. As a core supporting partner of Voyah, Highly Group, through its two major divisions — Highly Marelli and Highly New Energy — has been deeply involved in the R&D and mass production of multiple Voyah models, providing strong momentum for Voyah's growth with its core thermal management technologies. On this significant occasion, Highly Group extends its warmest congratulations and expresses its willingness to continue deepening strategic cooperation with Voyah, jointly building new heights in the new energy vehicle industry through technological innovation, showcasing China's strength, and creating Voyah's speed together!

Since Highly Group joined Voyah's supply chain system in 2023, the two parties have embraced the philosophy of "technological synergy and value co-creation," engaging in comprehensive and in-depth cooperation in the field of new energy vehicle thermal management. Both of Highly's two automotive business divisions have achieved deep integration with Voyah models, becoming an important pillar of Voyah's product strength. Among them, Highly New Energy supplies electric compressor assemblies as core products to Voyah's four flagship models — FREE, Zhui Guang, Zhi Yin, and Dreamer — serving as the core supplier for the air conditioning systems across Voyah's entire lineup, backed by product performance featuring high reliability and high energy efficiency. Throughout the collaboration, both parties have maintained technological foresight, jointly completing the development and validation of next-generation electric compressor products, laying a solid technical foundation for Voyah's model performance upgrades.

Highly Marelli, on the other hand, focuses on providing thermal management system solutions for Voyah's high-end models, delivering customized thermal management assembly solutions for the Dreamer and Zhui Guang models. For the Voyah Dreamer, it supplies front and rear HVAC assemblies and water-heating PTC assemblies; for the Zhui Guang, it supplies front HVAC assemblies and rear blower assemblies. With product features of high integration and high adaptability, these solutions meet the stringent requirements of Voyah's high-end models for cabin comfort and system stability. Since the 2024 Voyah Dreamer was fully equipped with Highly Marelli's thermal management systems, product quality has received dual recognition from both the market and users. Building on this solid foundation, the two parties have further deepened technical collaboration and are currently jointly developing next-generation electric compressor products for the next platform, driving thermal management technology toward higher efficiency and greater lightweighting.

As a core supplier in the new energy vehicle thermal management sector, Highly Group has always adhered to an innovation path centered on "efficiency, fast charging, high integration, and environmental sustainability," continuing to deepen the R&D and manufacturing of core products such as electric compressors and thermal management assemblies. With its global R&D system, large-scale production capabilities, and full-industry-chain synergy advantages, Highly Marelli and Highly New Energy have become significant players in the domestic new energy vehicle thermal management field, with their products widely supporting major domestic and international automakers. The deep collaboration with Voyah is not only a recognition of Highly's technical capabilities, but also an important practice for both parties to jointly promote the upgrading of China's new energy vehicle industry.

Currently, the new energy vehicle industry has entered a new stage of high-quality development. As thermal management systems are a critical link in determining vehicle range, safety, and cabin experience, market demand continues to rise. As a key player in the new energy vehicle sector, Voyah's Hong Kong listing will further broaden its development space and accelerate technological innovation and market expansion. Highly Group, leveraging its technological accumulation and industrial advantages in the thermal management field, will continue to deepen joint technology R&D with Voyah, engaging in deep collaboration in cutting-edge areas such as next-generation electric compressors, highly integrated thermal management systems, and environmentally friendly refrigerant applications, jointly tackling industry technical challenges and driving continuous product performance upgrades.

Looking ahead, Highly Group will continue to empower Voyah's development with its core technologies, fully leveraging the synergistic strengths of Highly Marelli and Highly New Energy. The collaboration will extend from product supply to joint technological innovation, and from single-component supply to system-level solutions. Together with Voyah, the two parties will build a closer strategic partnership, jointly set a benchmark for technological innovation in new energy vehicle thermal management, and help Voyah become a leader in the new energy vehicle sector. With the power of Chinese intelligent manufacturing, they will drive the electrification transformation of the global automotive industry and jointly realize the industrial vision of "building great cars together!"