[Explanation] On February 20, the online theme promotion media group of "New Era, New Opportunities - Multinational Enterprises in China" entered Porsche China in Pudong New Area, Shanghai.

The president and CEO of Porsche China, Ke Shimei, revealed in an interview that in the whole year of 2022, Porsche will deliver 93,286 new cars in the Chinese market, and China still maintains its position as the world's largest single sales market.

  [Concurrent] Porsche China President and CEO Kosmer

  We have participated in the process of China's reform and opening up. While witnessing the success of reform and opening up, we have also benefited a lot.

As of 2022, the Chinese market has become the largest single market for Porsche in the world for eight consecutive years.

Without the support of the Chinese government and policies, and without the excellent business environment of Shanghai, Porsche China would not be able to achieve so many achievements.

  [Explanation] Since entering the Chinese market in 2001, in order to better integrate into China and achieve sustainable development, Porsche has continuously increased investment and expanded business in Shanghai, especially Pudong. Engineering Technology Research and Development (Shanghai) Co., Ltd., Porsche Financial Leasing Co., Ltd., Porsche (Shanghai) Digital Technology Co., Ltd. and many other corporate entities in different business fields.

  [Concurrent] Porsche China President and CEO Kosmer

  China is not just a sales market, China is an innovation powerhouse that has a decisive influence on the global economy.

Since entering the Chinese market, we have grown together with the Chinese auto industry.

We really admire the determination of China's auto industry to move towards electrification, intelligence and shared mobility.

  [Explanation] After the establishment of Porsche Asia Pacific Racing Trading (Shanghai) Co., Ltd. in 2021, Porsche China has an in-depth understanding of Shanghai Jiading's automobile industry and the construction plan of Jiading Comprehensive Bonded Zone. The platform is dedicated to providing one-stop services such as customs, inspection and quarantine, and foreign exchange for Chinese racing customers' racing experience, transactions, warehousing, and maintenance, adding new momentum to Shanghai's creation of the entire automotive industry chain.

  [Concurrent] Porsche China President and CEO Kosmer

  Jiading is a "Motor City" and an innovation zone for automobiles. There is also Tongji University there. We also have a lot of cooperation with them. I think it is the perfect decision to bring our innovative company into Shanghai's innovation zone. .

  [Explanation] Ke Shimai said that he is very happy to see that Shanghai has developed so rapidly in recent years, life in Shanghai has become more and more convenient, and the air quality is getting better and better. As a Shanghai citizen, he is sincerely proud.

  [Concurrent] Porsche China President and CEO Kosmer

  I came back from Germany last week and saw the beautiful scenery of Shanghai through the porthole of the plane. I was very happy in my heart and felt like coming home.

  [Explanation] Talking about the future, Ke Shimai bluntly said that he is full of confidence in the business in the next few years, and will continue to strengthen Sino-German cooperation to create a better future.

  Kang Yuzhan Zhou Sunyu Li Qiuying reports from Shanghai

Editor in charge: [Sun Jingbo]