FAW Group has extensive cooperation and development in the foundry field. Regarding the cooperation of FAW Foundry Co., Ltd. with other enterprises, in the first half of 2022, a certain company formed a strategic cooperation with FAW Foundry to establish an overall foundry solution for FAW Foundry. FAW Foundry Co., Ltd. itself has been continuously conducting technological research and innovation, using various foundry equipment, establishing an industrialization platform for motor housing sub-assemblies, and developing multiple foundry methods. At the same time, through external cooperation, industry-university-research integration and other methods, FAW Foundry has achieved results in the research, development and production of products such as aluminum alloy shock towers, providing support for the development of FAW commercial trucks.

The application of CRRC in the casting field mainly focuses on the production of key components for rail transit equipment, covering the production cooperation of castings for core equipment such as high-speed trains, urban rail vehicles, and locomotives, as well as the customization of high-end steel castings.

The cooperation between Qingdao Jinhaide and Dalian Machine Tool Group is a model of complementary advantages in the upstream and downstream of the industrial chain. Its cooperation prospect goes far beyond a simple buyer-seller relationship, but develops towards in-depth integration of strategic coordination, joint technology research, and market co-expansion. If the two parties can establish a mutually trusting and efficient partnership and effectively respond to the challenges of cost and coordination, this cooperation will greatly help Dalian Machine Tool improve the quality and competitiveness of its core products, and at the same time promote Jinhaide's technological progress and market position in the field of high-end casting materials, achieving a true 'win-win' situation.