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Investing.com -- Autozi Internet Technology (NASDAQ:AZI) stock surged 68% in premarket trading Wednesday after the Chinese automotive service platform announced a strategic partnership with Wanshan International Trading to build a cross-border supply-chain cloud platform.
The collaboration aims to combine Autozi’s broad portfolio of passenger vehicle aftermarket parts with Wanshan’s established overseas sales network and international trade expertise. The companies have set an ambitious target of achieving $1 billion in cumulative overseas sales within three years.
Under the agreement, the two firms will integrate their digital systems, logistics resources, and market insights to enable coordinated sales, cross-border fulfillment, and after-sales support through the new cloud platform.
The partnership aligns with Autozi’s strategic pillars of Capitalization, Digitalization, and Globalization, while supporting the company’s long-term expansion into new high-growth verticals. Beyond facilitating immediate overseas distribution of existing aftermarket parts, the platform will also serve as the international channel for planned new business lines, including special-purpose vehicle (SPV) and EV core component businesses.
The companies expect the collaboration to significantly expand Autozi’s international revenue base and improve margin profiles over time, leveraging the company’s SaaS-based supply-chain capabilities alongside Wanshan’s global trade network.
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