In December 2022, when epidemic policy was still tight, Weibang general manager Simon Sun and BD manager Wei CAI conducted their business trip to Europe, main activities was contacted potential customers, got an in-depth understanding of Punch major bases in Europe, visited Punch headquarters and management and participated in Punch 2022 global Townhall. Europe is the key EV market after the United States and China. In recent years, Punch electric drive products are increasingly influential among new energy customers in Europe. As a JV and transmission partner, Weibang deeply participates in the EDS projects of Europe customers, and provides competitive transmission solutions. Weibang team had well visited and understood of production, manufacturing and marketing status of each bases, and reached a number of consensus on external customer projects. It is believed that this trip will have significance for Webang understanding of the European market and promote the continued deepening of cooperation with European partners.