Chijet Motor Subsidiary, FAW Jilin Automobile Co, Entered Into Framework Cooperation Agreement With Uzbekistan Customer

Author: Benzinga Newsdesk | June 14, 2024 08:39am

Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV") in China announced that on May 29, Chijet's majority-owned subsidiary FAW Jilin Automobile Co., Ltd. ("FAW") entered into a framework cooperation agreement with Sayyed Karimov, the economic governor of Tashkent Region of Uzbekistan, on behalf of TANK AUTO, a Uzbekistan local auto distributor. TANK AUTO will carry out automotive sales and after-sales services, as a distribution and sales agent of FAW in Uzbekistan in the next three years.

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