Chijet Motor Company, Inc.’s Subsidiary Signed Cooperation Agreement with the Auto Dealer of Algeria

JILIN CITY, China, June 17, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (Nasdaq: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China announced that on May 10, the holding subsidiary FAW Jilin Automobile Co., Ltd. (“FAW Jilin”) of Chijet Motor signed products sale agency agreement with SARL AI MOTORS from Algeria. SARL AI MOTORS is an auto importer and seller of Algeria. After the agreement was signed, SARL AI MOTORS as the exclusive selling agent in Algeria would sell “SENIA” automobiles of CHIJET in the subsequent two years at least.