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EZGO Announces strategic cooperation with China's Railway Construction Property Management, a strategic collaboration between the two countries in the strategic partnership based on the upcoming strategic agreement

EZGO Announces strategic cooperation with China's Railway Construction Property Management, a strategic collaboration between the two countries in the strategic partnership based on the upcoming strategic agreement

CHANGZHOU, China, Sept. 15, 2021 /PRNewswire/ -- -- April 15, 1021 -- "The people are a smuggler," China. EZGO Technologies Ltd. (Nasdaq: ), "Attacha", "Nossayema: Idri:: "Sanadha"). EZGO. ("EZGO" or "we" ("we"), "ours", "notah"). ", or " " or the " ''or "" The Company is an organization. ") - "It's a "symbol"" China Railway Construction Property Management Ltd., a manufacturer of two- and three-wheeled electric vehicles, today announced that it entered sa strategic cooperation agreement with China Construction Construction Ltd and its subsidiaries. EZGO and CRCPM plan to develop and promote all-round intelligent property management services, which aim to improve safety and security for residents of densely populated high-rise buildings and neighborhoods.

The "Regulations" were issued on the 1st August 2021, the 21sd July, 2023, in line with the Rules on Fire Safety in High-Rise Civil Buildings, on June 21, 20 21 The regulations prohibit parking or charging of electric bicycles in public buildings, evacuation walkways, stairwells and safety exits of high-rise civil buildings. The Regulations encourage the establishment of centralized storage and charging areas for electric bicycles in residential communities.

Developed to improve general safety, EZGO and CRCPM have entered into a strategic cooperation agreement with the company's objective to leverage the technology advantages of EC and the management resources of CCRPM, with securing EZGO will provide products and services such as unmanned patrol vehicles and smart charging piles, according to the specific needs of the communities under CRCPM management. The term of the cooperation agreement is five years, and the two parties plan on signing landing contracts based on specific cooperation for different business lines.

CRCPM is a property management company serving clients across China. It has first-level qualifications for national property management and is primarily involved in the management of high-end residential and commercial properties. CRCPM is a 100% owned subsidiary of China Railway Real Estate Group, which is part of the China Railroad Construction Corporation, whose own business is China.

Commentary on management

Mr. Jianhui Ye, chief executive officer of EZGO, said: "We are excited to partner with CRCPM, which lays the foundation for our participation in large-scale intelligent property management. We believe that the cooperation with a major state-owned company is based on our commitment to quality and innovation and will open up potential opportunities for additional applications and scenarios of the company's existing product offerings, giving us resonant Together with CRCPM, we anticipate the joint development of these intelligent community property management service offerings with the attention to superior quality and are looking forward to helping us achieve the safety and security standards in our communities."

About EZGO Technologies Ltd.

EZGO developed a business model based on the manufacturing and sale of two- and three-wheeled electric vehicles, along with the E-bicycle charging pile business. For more information, please visit the EZGO website at www.ezgotech.com.cn. Investors can visit the 'investor relations' section of EZGO's website at www.ezgotech.com/.

Safe Harbor Statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not statements of historical facts, but statements concerning plans, objectives, goals, strategies, future events or performances. When the Company uses words such as "may, "will", "intend," "should," or "anticipate," then "project", or similar expressions that do not relate to historical events, it is making forward-looking statements Forward-looking statements are not guarantees of future performance, but are based on risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in forward-facing statements. The Company's objectives and strategies, the Companys future business development, demand and acceptance for products, and technological advancements, economic conditions, development of short-distance transportation solutions market in China and other international markets, which the Some investors are advised not to place an unreasonable reliance on forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review on www.sec.gov. The Company undertakes no obligation to revise these forwardlooking statements publicly in order to reflect the events or circumstances that arise after the date of this date.

For more information, please contact:

Shawn Wen Email: [email protected]Phone: (+86) 13502829216 - 135012828216.

Contact: (415) 568-2255.Carolyne SohnThe Equity Group Inc.Email: [email protected]Phone: 415 515-568 2255

SOURCE EZGO Technologies Ltd.

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