JinkoSolar Announces Proposed Sale of A Shares in Its Subsidiary, Jinko Solar Co., Ltd., through Inquiry Transfer and Placement

SHANGRAO, China, Sept. 12, 2025 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company“) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, in order to raise funds for its business operations, the Company intends to sell up to 300,156,075 A shares of Jinko Solar Co., Ltd. (“Jiangxi Jinko“), an indirect, majority-owned principal operating subsidiary of the Company incorporated in the PRC whose A shares are listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, to certain qualified institutional investors (the “Sale of A Shares“). The Sale of A Shares will be conducted through an inquiry transfer and placement pursuant to the rules of the Shanghai Stock Exchange (the “Inquiry Transfer and Placement“). The purchase price per A share for the Inquiry Transfer and Placement will be no less than 70% of the average trading price of the A shares of Jiangxi Jinko for the 20 consecutive trading days prior to the date of a subscription invitation sent to potential investors (i.e., September 12, 2025, inclusive), in compliance with the rules of the Shanghai Stock Exchange. The completion of the Sale of A Shares is subject to market conditions.

 “We believe that the sale of A Shares will strengthen our cash flows, improve our cash position, support our ongoing business operations, and enhance our resilience to risks. Meanwhile, it allows us to preserve the capacity for future shareholder returns, reinforcing long-term shareholder value.” said Mr. Xiande Li, Chairman and Chief Executive Officer of JinkoSolar.

JinkoSolar currently owns approximately 58.59% equity interest in Jiangxi Jinko. Upon the completion of the Sale of A Shares, the Company is expected to own approximately 55.59% equity interest in Jiangxi Jinko.

About JinkoSolar Holding Co., Ltd. 

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2025.

To find out more, please see: www.jinkosolar.com 

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China: 

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com 

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com 

In the U.S.: 

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com 

 

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SOURCE JinkoSolar Holding Co., Ltd.

Wynn Redefines the Luxury Exhibition Experience with the Return of the “Wynn Signature – 2025 Hypercar Exhibition”

MACAO, Sept. 12, 2025 /PRNewswire/ — Wynn is set to transform the traditional auto exhibition experience with its third edition of the “Wynn Signature – 2025 Hypercar Exhibition”, showcasing over 20 of the world’s most coveted supercars alongside exclusive collaborations between automotive legends and luxury powerhouses. Running from September 29 through November 16 at both Wynn Palace and Wynn Macau, the exhibition coincides with the Macau Grand Prix, creating the city’s ultimate celebration of speed, luxury, and craftsmanship through a series of specially curated experiences found #OnlyAtWynn.

Exclusive limited-time collaborations make Asian debuts
The “Wynn Signature – 2025 Hypercar Exhibition” reimagines the hypercar showcase through first-of-their-kind partnerships that blur the lines between automotive excellence and luxury craftsmanship. At Wynn Palace, all eyes are on the Macao premiere of a Formula 1® car. The visually stunning, high-tech masterpiece will sport an exclusive luxury fashion house monogram design across its sleek, aerodynamic surface. A series of groundbreaking collaborations are also making their Asian debuts, including the Lamborghini Huracán GT3 dressed in Roger Dubuis colors to create a stunning fusion of Italian racing heritage and Swiss horological precision. The Lamborghini Huracán is draped in A BATHING APE®‘s signature ABC CAMO camouflage to illustrate how urban fashion culture intersects with supercar design. The Pagani Utopia debuts a limited-edition collaboration between the Pagani and BAPE® to cleverly interweave Italian automotive artistry with Japanese street fashion. The vintage Mercedes 300SL Gullwing stands as a testament to timeless design alongside an exclusive collection from Chopard, renowned Swiss luxury jeweler and watchmaker.

At Wynn Macau, leading watch marketplace Wristcheck creates an innovative display where limited-edition timepieces float in specially designed capsules next to the British hypercar, Aston Martin Valkyrie Spider.

China’s electric future takes center stage
For the first time in Macao, Wynn is bringing together China’s leading EV manufacturers to showcase the future of electric supercars, demonstrating how Chinese innovation is reshaping the automotive landscape. Visitors to Wynn Macau can witness groundbreaking hypercars that demonstrate not only breathtaking speed and power but also advanced fast-charging capabilities and sustainable technology that is transforming the supercar industry.

Gear up for exciting immersive experiences – pop-ups, live art, and F1 racing simulators 
The exhibition opens with spectacular fanfare on September 29, as Wynn invites Swiss artist Saiff Vasarhelyi to Macao, where he brings the McLaren 600LT to life through one of his signature, real-time spray-painting performances. His colorful transformation of the McLaren 600LT will be on display alongside HUBLOT’s street-art watch collection in a celebration of vibrant artistic expression.

Professional-grade F1® Racing Simulators provide visitors with the opportunity to experience the thrill of Formula 1 racing on the world’s most famous circuits. These bespoke simulators create an immersive competitive environment where participants can feel the full motion and intensity of F1 racing. Hourly competitions crown the fastest lap time winner, with each champion receiving a custom F1 cap designed by Saiff Vasarhelyi himself. Visitors can participate in the F1 simulator competition by presenting a single, same-day purchase receipt of MOP 5,000 or more from participating retail stores at Wynn Palace or Wynn Macau. Alternatively, guests can qualify with a same-day dining receipt of MOP 500 or more from participating food and beverage outlets at either Wynn location.

Throughout the exhibition, the “Hyper Shop” pop-up store at Wynn Palace offers rare F1 merchandise including exclusive fan apparel and accessories from anniversary collections and special Grand Prix collaborations, as well as LEGO® builds, collectible helmets, and Amalgam cars. The BAPE® pop-up store is also making its debut, showcasing Asia’s first exclusive release of their new Pagani crossover collection, giving fashion and automotive enthusiasts unprecedented access to this limited collaboration.

The “Wynn Signature – 2025 Hypercar Exhibition” runs from September 29 through November 16, across both Wynn Palace and Wynn Macau, with free admission open to the public. This timing strategically coincides with the Macau Grand Prix, the city’s most celebrated motorsport event, creating an unparalleled automotive celebration that positions Macao as the epicenter of luxury mobility and racing culture.

This year’s exhibition once again demonstrates Wynn’s commitment to delivering signature luxury experiences that reinforce Macao’s reputation as a World Center of Tourism and Leisure. As part of the exclusive “Wynn Signature” collection of premium experiences, the Hypercar Exhibition offers visitors close-up encounters with the world’s most coveted vehicles and luxury brands, creating truly memorable #OnlyAtWynn moments.

For media enquiries, please contact:
FINN Partners Greater China
wynnmacau@finnpartners.com

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SOURCE Wynn Resorts (Macau)

Fox ESS Makes a Splash at RE+ 2025 with Integrated Clean Energy Solutions

LAS VEGAS, Sept. 12, 2025 /PRNewswire/ — Fox ESS, a leading provider of renewable energy solutions, showcased its latest integrated clean energy solutions at RE+ 2025, the largest renewable energy event in the United States. The company introduced a range of innovative products aimed at transforming the energy landscape in the U.S.

At the event, Fox ESS presented its cutting-edge solutions, including a variety of inverters, energy storage systems, and comprehensive all-in-one clean energy solutions. To enhance the experience for attendees, the brand also created a Las Vegas-themed atmosphere with customized slot machines and a boxing ring.

Featured Products

G-MAX Series
The G-MAX series sets a new standard for commercial and industrial (C&I) energy storage solutions. It offers significant advantages for load shaving, peak shifting, and backup power, serving as a reliable alternative to gas motor generators (GMGs). Key features include:

  • Long-lasting battery systems: ≥8000 cycles at 70% end of life
  • Intelligent battery management system (BMS)
  • High-performance power conversion system (PCS)
  • Proactive safety measures, including 128 temperature sensors
  • Smart distribution and efficient temperature control

PowerQ
PowerQ represents the latest generation of integrated residential energy storage systems, boasting an efficiency of up to 97.6%. With a total backup capacity of up to 80 kWh, PowerQ is designed for various backup scenarios through its modular design and scalability. Features include:

  • Modular design for diverse backup needs
  • Integrated configuration with plug-and-play setup
  • TYPE 4X rating for outdoor durability
  • Remote monitoring via smartphone app or web portal

Commitment to Safety and Quality

Fox ESS prioritizes safety and quality by employing Lithium Iron Phosphate (LFP) technology, which offers:

  • Outstanding thermal stability over 500°C
  • Long cycle life exceeding 4,000 cycles at 80% state of health
  • Reliable performance across diverse climates
  • Eco-friendly profile with no cobalt

The company maintains rigorous quality control standards that exceed industry benchmarks, ensuring that every component undergoes thorough internal testing. Multiple layers of protection, including temperature sensors and dual relay designs, are integrated into their products to enhance safety and reliability.

Strong Localization for Immediate Service

With a global footprint, Fox ESS recognizes the importance of local services. The company has established a solid sales and service presence in California, Texas, Florida, New York, and the U.S. Virgin Islands, ensuring a rapid response to client needs.

According to the Solar Energy Industries Association (SEIA), the U.S. solar industry installed nearly 18 gigawatts (GW) of new capacity in the first half of 2025. Despite recent anti-clean energy policies, solar and storage accounted for 82% of all new power added to the grid during this period, underscoring their critical role in America’s energy future.

Since its establishment, Fox ESS has emerged as a rising star in the clean energy sector, achieving consistent revenue growth. The brand now has a presence in over 17 countries and remains committed to delivering cutting-edge and reliable clean energy solutions, driving the energy transition in the U.S. and worldwide.

 

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SOURCE Fox ESS

Human and Organizational Performance: A New Paradigm for Workplace Safety

For decades, workplace safety programs have emphasized rules and compliance as a way to prevent incidents. While these efforts have helped reduce risk, they’ve often put too much focus on individual actions without fully addressing the broader systems in which work occurs.  

Human and Organizational Performance (HOP) introduces a new approach, one that acknowledges human error as a natural part of work and focuses instead on improving the conditions that shape behavior. By viewing workers as problem solvers rather than problems to be solved, HOP offers a more resilient and collaborative path forward. In this post, we’ll explore the principles behind HOP, strategies for implementation, and the organizational benefits of adopting this safety framework. 

What is Human and Organizational Performance?  

Human and organizational performance has emerged from human factors engineering and systems thinking, representing a significant shift in how organizations view and approach safety. Rather than asking how employees should perform, HOP asks: What made that action make sense at the time? Mistakes are seen not as personal failings, but as signals of system-level gaps that need attention. 

The 5 core principles of HOP 

To truly understand human and organizational performance, you must first familiarize yourself with the methodology’s core principles. 

  1. People make mistakes. Human error is not only normal, it’s inevitable. Even the best employees make mistakes.
  2. Blame fixes nothing. Punishing individuals or focusing on who’s at fault doesn’t prevent future errors. It makes employees feel like they can’t speak up, even when they know they need to.
  3. Context drives behavior. It’s not just about individual choices – systems, conditions, and pressures strongly influence how people perform and why things go wrong.
  4. Learning is vital. Organizations must continually examine and evolve their existing systems by learning from past mistakes.
  5. How leaders respond to failures matters. A leader’s response shapes the success of HOP. A supportive and curious attitude is more likely to lead to understanding the root cause of the issue. 

Traditional safety programs are often more blame based. Those tactics assume that human error can simply be eliminated with rules and compliance efforts. The individual is responsible for the mistake, and mishaps can be eliminated by “following the rules.” In the traditional view of safety, organizations use a name, blame, shame, and re-train approach – but that doesn’t get to the root of the issue. 

The Business Case for Human and Organizational Performance  

HOP has gained traction as companies seek to improve safety culture and reduce incidents. But beyond safety, HOP also helps organizations improve how work gets done. By shifting focus from compliance-based programs to understanding how work actually happens, HOP can lead to better decision-making, more resilient systems, and stronger employee engagement. 

Safety and operational benefits 

More organizations are implementing HOP because it reduces accidents, injuries, and fatalities. Since human and organizational performance requires businesses to dig into the systemic problems that contribute to human error, it more effectively corrects issues. With pressure taken off the individual for errors, employees can feel more confident sharing errors and correcting problems before incidents occur. 

When systems run more smoothly, operations are less likely to be disrupted. That makes it easier for companies to meet goals, reduce downtime, and avoid costly fixes later. 

Cultural and workforce advantages 

Perhaps one of the best benefits of using HOP for workplace safety is the boost it gives to a company’s culture. By taking blame out of the picture, organizations build psychological safety with their employees. Workers know that they can be honest about issues without being chastised, and in turn can also feel safer knowing that issues will be addressed. It also enhances communication and collaboration within a business, where everyone takes ownership over safety measures. 

When employees can feel psychologically, mentally, and physically safe at work, they’re more likely to stay engaged and satisfied in their roles. HOP helps reduce turnover and improves the general morale of an organization. 

Implementing HOP in Your Organization 

If HOP aligns with your company’s goals, implementing it is a practical and achievable next step. However, the shift to this safety program requires thoughtfulness and adaptability. Organizations must be in a position where they are ready to transition and willing to invest enough time to see real results.  

HOP implementation  

The first step to using human and organizational performance in your organization is assessing your current safety culture. Take an audit of your systems and identify what existing safety management programs you can keep. Look at the data to find problem areas so you can determine what path your company should start with.  

Adopting HOP requires a mindset shift – not a one-time rollout. Rather than formal training on a program, it’s about helping teams and leaders build the habits and perspectives that support HOP principles. Start small, allow space for reflection, and grow from what you learn. Implementation works best in phases, where teams can try ideas, adapt, and improve over time. 

Once departments begin to participate in human and organizational performance, make sure to track progress. Start with the number of incidents or almost incidents that are being reported and compare them to the previous year to see progress. Also remember to listen and learn from employees. They will be the ones engaging with HOP principles day to day and will be able to give real time feedback on how things are working. Employees are the problem solvers – not the problem to be solved. 

The Future of HOP in Workplace Safety  

As time goes on, more and more organizations are looking for transformative safety programs and finding a way to successfully integrate HOP philosophies. By putting the main focus on fixing systems rather than blaming individuals, HOP not only encourages people to report problems, but it also strengthens trust, efficiency, and morale.  

HOP also promotes organizational adaptability, requiring businesses to evolve their processes. Success starts with selecting an approach that aligns with your company’s values and goals. Begin by assessing your current systems and take the next step toward a safer, more resilient workplace. 

Posted in UncategorizedTagged

Ardagh Group publishes 2024 Sustainability Report

LUXEMBOURG, Sept. 12, 2025 /PRNewswire/ — Ardagh Group, a global leader in sustainable aluminium and glass packaging, today announced the publication of its 2024 Sustainability Report. The 2024 Sustainability Report includes information on Ardagh Group’s two operating businesses – Ardagh Metal Packaging (AMP) and Ardagh Glass Packaging (AGP). The report underscores Ardagh Group’s ongoing commitment to transparency, accountability and driving positive environmental and social change. In a year marked by both growth and challenges, Ardagh Group continued to advance its sustainability agenda, guided by the strategic pillars of Emissions, Ecology and Social.

Although the European Union’s Corporate Sustainability Reporting Directive (CSRD) and the related European Sustainability Reporting Standards (ESRS) are not currently in force with respect to Ardagh Group, we have nevertheless developed the 2024 Sustainability Report with the goal of integrating the current CSRD and ESRS structure, to the extent practicable, reflecting Ardagh Group’s dedication to enhanced ESG disclosure and responsible business practices.

Key highlights include:

  • Renewable Electricity: AMP increased global renewable electricity coverage to 30%, with strong regional progress (Europe: 46%, South America: 43%), with AGP boosting its renewable electricity coverage to 22% (Europe: 48%)
  • GHG Emissions:
    • Scope 1 & 2: AMP achieved 10% emissions reduction versus 2023; 18% emissions intensity reduction versus the 2020 baseline, while AGP achieved a 12% reduction versus 2023, 16% lower than 2020 levels.
    • Scope 3: AMP achieved a 25% reduction versus the 2020 baseline, surpassing the 2030 target, while AGP achieved 10% reduction versus the 2020 baseline.
  • Circularity: AMP’s beverage cans are made with an average recycled content of 78% recycled aluminium, among the highest in the industry, based on peer disclosures. 56% of the glass used in AGP’s production processes was recycled cullet (internal and external).
  • Waste and Water: 83% of AMP’s facilities achieved Zero Waste to Landfill (ZWTL), while AGP increased its ZWTL rate to 35%. AMP’s water withdrawal intensity improved 5% over the previous year. AGP’s water withdrawal intensity improved 13% over the same period.

Social and Governance Progress:

  • The Group’s flagship programme, Ardagh for Education, invested $13 million across 44 communities, benefiting over 210,000 students with hands-on STEM learning opportunities in approximately 680 schools.
  • Ardagh Group was recognised with an EcoVadis Gold Medal for sustainability management and listed on the CDP A List for supplier engagement,
  • In addition, Merck Life Science named AGP as an ‘Outstanding Partner’.

“Our 2024 Sustainability Report provides detailed insights into our environmental, social and governance performance.” said Herman Troskie, Chair, Ardagh Group. “We continued to make meaningful progress toward our sustainability goals, guided by our Core Values of Inclusion, Trust, Teamwork and Excellence. As a leading manufacturer of highly recyclable aluminium and glass packaging, we understand the responsibility we carry – and the opportunity we have – to contribute to a more sustainable future for both the planet and the communities we serve. While our beverage can business delivered strong growth, our glass division navigated a more challenging and dynamic trading environment. Through it all, we remained focused and disciplined, and we continued to invest for a more sustainable future across the Group.”

The report also serves as a supplement to Ardagh Group’s 2025 Communication on Progress (COP) to the UN Global Compact and reinforces Ardagh’s long-term ESG roadmap.

To access the full 2024 Sustainability Report, please visit the Ardagh Group Sustainability Report. To access the stand-alone AMP 2024 sustainability report, please visit the Ardagh Metal Packaging (AMP) Report.

Notes to the editor 

Ardagh Group is a global supplier of sustainable, inherently recyclable, metal and glass packaging for brand owners around the world. Ardagh operates 58 metal and glass production facilities in 16 countries, employing approximately 19,000 people with sales of $9.1bn in 2024

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SOURCE Ardagh Group S.A.

VINFAST TO PARTICIPATE IN ELECTRIFY EXPO CHICAGO 2025

CHICAGO, Sept. 11, 2025 /PRNewswire/ — VinFast today announced its participation in the Electrify Expo Chicago 2025, taking place from September 13-14, 2025, at 5333 Prairie Stone Pkwy in Hoffman Estates, Illinois. VinFast’s presence at one of North America’s largest electric vehicle events underscores the Company’s long-term commitment to the market and marks a strategic step forward in its global expansion.

With its significant scale and wide-ranging influence, Electrify Expo Chicago attracts thousands of visitors and many of the leading automotive manufacturers. The event’s sprawling, nearly 1-million-square-foot festival space offers an immersive experience, featuring test drives, hands-on displays, and live music.

At Electrify Expo Chicago, VinFast will showcase its two premium electric SUVs, the midsize VF 8 SUV and the VF 9 seven passenger full size SUV. These models represent VinFast’s core values, distinguished by their refined Pininfarina design, smart technology, all-wheel drive capability and superior safety standards.

Attendees will have the opportunity to test-drive both vehicles at the event, gaining a firsthand understanding of the unique features that define VinFast’s electric lineup.

The VinFast booth at the event is designed with an open and modern aesthetic, embodying the brand’s strong commitment to a green transition. A dedicated team of VinFast experts will be on hand to provide detailed insights into vehicle features, sales policies, and after-sales services, ensuring a professional and informative experience for every visitor.

Mr. Loren Angelo, Vice President of Marketing, VinFast North America, shared: “At Electrify Expo Chicago, VinFast is once again underscoring our pledge to partner with American consumers in shaping the future of green mobility. In partnership with our local dealer VinFast Lisle, this activation highlights our commitment to supporting our dealer network, driving not only brand awareness to the local market but also fostering meaningful community engagement and long-term relationship building.”

Both vehicles featured at Electrify Expo Chicago showcase VinFast’s vision to promote the green transition and make electric vehicles more accessible by offering highly competitive sales policies for the U.S. market. The VF 8 starts at $39,900 and $44,900 for the Eco and Plus trims, respectively, with competitive lease rates from $279/month. The VF 9 is priced from $62,900, with a lease rate starting at $449/month. Both models are also eligible for 0% financing promotions.

All VinFast electric vehicles in the U.S. are backed by an exceptional warranty policy: 10 years or 125,000 miles for the vehicle and an impressive 10 years with unlimited mileage for the battery (when not used for commercial purposes). Attendees can learn more about both models and VinFast’s warranty policy from the experts at the booth.

VinFast’s participation in Electrify Expo Chicago highlights the Company’s confidence in the U.S. market and determination to expand its market share. It provides an ideal platform for the Company to connect directly with consumers, gather feedback, and forge lasting relationships with both customers and partners.

Following its strategic transition from a direct-to-consumer (DTC) sales model to a dealership-based network, VinFast has partnered with authorized dealers across 14 states nationwide. This move is designed to ensure customers receive high-quality products and services through a more accessible and established retail channel.

After establishing a foothold in North America and Europe, VinFast is continuing its global expansion by entering new, high-potential markets such as Indonesia, the Philippines, India, and the Middle East. With a diverse product portfolio, ranging from the VF 3 mini-SUV to the full-size VF 9, VinFast has quickly become Vietnam’s best-selling automotive brand.

The Company remains committed to flexibly adjusting its business strategies and goals based on in-depth market analysis and macroeconomic conditions, while steadfastly pursuing its pioneering vision to drive the global green revolution.

For more information on how to see VinFast at Electrify Expo Chicago, please visit: https://www.electrifyexpo.com

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, e-bikes and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at https://vinfastauto.us/

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SOURCE Vinfast Auto LLC

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