On November 6, 2024, Guoli Yuantong New Energy Technology Co., Ltd. (hereinafter referred to as "Guoli Yuantong") and Sterling Tools Ltd. (hereinafter referred to as "Sterling") held a signing ceremony in Kunshan, Jiangsu Province.

As a leading industry player in the Indian and Southeast Asian markets, Sterling and GLVAC—China's pioneer in vacuum electronics innovation—demonstrate strong synergy and complementary advantages in technology, market presence, and resources. Under this collaboration, GLVAC adopts an innovative global expansion model centered on technology transfer, providing Sterling with cutting-edge technical solutions. The two parties signed a technology agreement authorizing the use of Y-Series high-voltage DC contactors and power distribution & protections. This award-winning product, which claimed the 2023 "Chinese Heart" Annual Powertrain Component Gold Award, stands out for its lightweight, modular, integrated, and customizable design. It perfectly aligns with diverse customer demands for compact size, reduced weight, cost efficiency, and flexible design solutions.

Through this in-depth collaboration, both parties have not only achieved mutual economic benefits but also pioneered a groundbreaking partnership model, injecting robust momentum for sustained and steady growth.

For GLVAC., this cooperation has not only unlocked new market opportunities—successfully expanding into India and Southeast Asia—but also demonstrated its unwavering commitment and capability to drive global technological exchange and cooperation, leveraging cutting-edge innovations to lead on the international stage.

Moving forward, GLVAC will continue to be technology-driven, capturing broader global markets and disseminating more innovative solutions worldwide, thereby achieving deeper international expansion and growth.