On December 8, 2025, Jiaxing Leroad Special Vehicle Co., Ltd. marked its 5th founding anniversary and officially launched a brand-new mass-produced golf cart series. The simultaneous holding of the anniversary celebration and new product launch marks another important milestone in LEROAD’s development journey.

1. Development History and Current Status

Founded in 2020, LEROAD started as an OEM-focused enterprise with a strong brand dependency and high product homogeneity. Adhering to a development philosophy centered on new product and technological innovation, driven by channel expansion, and rooted in quality and service, the company has consistently advanced its transformation and upgrading. Through five years of steady development, LEROAD has gradually grown into a special vehicle enterprise with preliminary modern, international and brand-oriented characteristics.

At present, LEROAD’s business covers more than 20 countries and regions including the United States, Japan, South Korea, Europe, Southeast Asia, the Middle East and Africa. Its product portfolio includes a variety of special vehicles led by golf carts and low-speed vehicles, and the company has built independent capabilities in key technological fields such as the Internet of Vehicles (IoV) system, on-board air conditioning system, drive-by-wire chassis and Automated Guided Vehicle (AGV) technology. Meanwhile, LEROAD has built a young, highly educated core management and engineering team with international backgrounds, providing solid support for sustained innovation.

2. Highlights of Product Upgrades

The official launch and mass production of the new golf cart series is more than just the release of a new product; it stands as a crucial milestone in LEROAD’s development, reflecting the company’s systemic leap in product philosophy, technological accumulation and manufacturing system. Compared with its previous products and peer models in the industry, this series has achieved an all-round upgrade in multiple key dimensions:

· Revamped Design Language: Boasting a concise and elegant overall shape, the series retains the classic elements of golf carts while integrating a highly futuristic integrated ring headlight design, perfectly blending fashion and elegance.

· Greatly Enhanced User Experience: Adopting a brand-new ergonomic design and high-comfort seats, the series features systematic optimization of the human-machine interface and storage space. It also offers optional air conditioning system and IoV functions, comprehensively elevating the driving and riding experience.

· Outstanding Performance and Manufacturing Quality: The series has reached industry-leading levels in key indicators such as climbing capacity, steering performance and braking performance. LEROAD has also become one of the first enterprises in the industry to implement strict full-process quality control over manufacturing.

3. On-site Response to the Event

The event was attended by more than 50 distinguished guests, including end customers, business and supply chain partners, as well as client and partner representatives from South Korea and Germany, and members of the engineering cooperation team. Chairman Mr. Chin Jong Hwa and relevant group leaders also participated in the test drive and launch ceremony.

During the test drive session, guests spoke highly of the new model’s exterior design, comfort and overall vehicle performance, and put forward valuable suggestions for product improvement on details.

At the launch celebration, Chairman Mr.Chin Jong Hwa, together with LEROAD’s core management team, cut the ribbon for the new model and delivered a speech. He fully affirmed LEROAD’s development achievements over the past five years, reaffirmed the Group’s firm support for LEROAD’s sustainable development, and wished the company to move forward more steadily and further in the next five years. In addition, the company’s key executives and partner representatives elaborated on the company’s strategic plans, introduced the new model, and expressed their expectations and confidence in LEROAD.

This mass production launch of the new model and the 5th anniversary celebration sound the first clarion call for LEROAD’s leap from quantitative change to qualitative change. Empowered by new design, new technologies and new standards, the new model has received a positive market response and already secured orders in Southeast Asia. Test drives have also been carried out for numerous customers in Japan, South Korea, Southeast Asia and China. The large-scale market launch of the new model will help LEROAD reach a new height in sales volume.

Looking ahead, LEROAD will continue to evolve in product development, technology, service and brand building, and steadily advance high-quality development. We firmly believe that:Superior Products + Advanced Technology + Extensive Channels + Premium Service will enable LEROAD and all partners to achieve win-win cooperation and forge ahead on the road to success.