Webus International ^{Filed Terms, Nasdaq: WETO}

We are an emerging leader in China’s Collective Mobility Service (“CMS”) market that provides hassle-free and cost-effective mobility solutions with real-time AI-augmented online support and 24-7 itinerary management support through the VIE and its subsidiary and Wetour. The CMS utilizes privately-operated vans and buses to offer customers an alternative way to public transportation when traveling in large groups. Customers come to our platform for any type of CMS, from day-to-day commute, inter-city trips, business visits, and cross-provinces travel to guided tours and tailored vacation packages. Our diverse products and service portfolio covers budget, high-end, and customized offerings that appeal to both our individual and corporate customers. Established in 2019, we experienced rapid growth and ranked as the second largest online CMS provider in terms of revenue generated in the first half of 2022 by Frost & Sullivan. We operate on a business model of “Mobility-as-a-Service” (MaaS”) to identify and solve inefficiencies associated with inflexible or low-quality public transportation and provide cost-efficient and customized mass transportation services under different scenarios with our comprehensive digital platforms. We offer commute shuttle service, customized chartered bus service, packaged tour service and other service to our customers.