Digital Currency X Technology Inc's Comment on Supply Chain
The company sourced raw materials, parts, manufacturing equipment, and other supplies from a select group of suppliers, emphasizing quality, cost, and delivery timing. Key vehicle components such as batteries, drive motors, and vehicle specification chips were procured from external suppliers. The company generally did not enter into binding master supply agreements but provided quarterly forecasts to its suppliers. To reduce costs and supplier dependence, it developed compatible components and sourced key materials from a limited number of suppliers to ensure timely delivery and quality. Supplier evaluations included assessments of quality, cost, delivery performance, service quality, and financial stability. Strategic relationships were maintained with key suppliers, and inventory levels were managed to cover 2 to 8 days of supply. Two suppliers accounted for significant portions of raw material purchases in fiscal years 2023, 2024, and 2025. FAW Jilin, serving as a production base, passed the IATF16949 quality management system audit and complied with stringent quality control standards and documentation requirements, including 166 quality control standards and procedures. Supplier quality management processes included audits and process optimizations.
Digital Currency X Technology Inc's Comment on Supply Chain
The company sourced raw materials, parts, manufacturing equipment, and other supplies from a select group of suppliers, emphasizing quality, cost, and delivery timing. Key vehicle components such as batteries, drive motors, and vehicle specification chips were procured from external suppliers. The company generally did not enter into binding master supply agreements but provided quarterly forecasts to its suppliers. To reduce costs and supplier dependence, it developed compatible components and sourced key materials from a limited number of suppliers to ensure timely delivery and quality. Supplier evaluations included assessments of quality, cost, delivery performance, service quality, and financial stability. Strategic relationships were maintained with key suppliers, and inventory levels were managed to cover 2 to 8 days of supply. Two suppliers accounted for significant portions of raw material purchases in fiscal years 2023, 2024, and 2025. FAW Jilin, serving as a production base, passed the IATF16949 quality management system audit and complied with stringent quality control standards and documentation requirements, including 166 quality control standards and procedures. Supplier quality management processes included audits and process optimizations.
Sources:
Digital Currency X Technology Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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