Digital Currency X Technology Inc.

The Company, as of March 20, 2026, is no longer involved in the electric vehicle business. This profile describes its historical operations during the fiscal year ended December 31, 2025, and prior periods. During this time, the Company was engaged in the research and development, production, and sales of new energy vehicles (NEVs). NEVs included plug-in electric vehicles such as battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. The Company's mission in this former business was to produce vehicles with efficient exhaust emissions, improve air quality, and benefit users and the environment. The Company operated this business through various subsidiaries. Its former core operating entity, Shandong Baoya New Energy Vehicle Co., Ltd., or Shandong Baoya, was founded in 2009 and was among the earliest companies in China to engage in NEV research and development, production, and sales. Other former subsidiaries included Baoya New Energy Automobile R&D Institution (Yantai) Co., Ltd., Baoya New Energy Automobile Sale (Yantai) Co., Ltd., Xiangyang Yazhi, Xiangyang Yazhi New Energy Automobile Sale Co. Ltd., Bijie Yabei, Dezhou Yitu New Energy Automobile Co., Ltd., and Dezhou Yarui, Baoya New Energy Automobile R&D (Xiangyang) Co., Ltd. In 2019, the Company acquired an interest in FAW Jilin Automobile Co., Ltd., referred to as "FAW Jilin." Shandong Baoya and FAW Jilin were the former primary operating entities. The former main business encompassed the design and development, production, sales, after-sales service, and export of new energy vehicles and vehicle parts. On March 20, 2026, the Company completed the disposal of its entire electric vehicle business through the sale of its wholly-owned subsidiary, Chijet Inc., and has since shifted its strategic focus to technology and digital asset management.