On December 8, 2025, Leroad Special Vehicle marked the fifth anniversary of its establishment and officially announced the mass production launch of its all-new golf cart series. The concurrent celebration of the company’s anniversary and the new product launch signifies Leroad’s entry into a new and important stage of development.

Since its founding in 2020, Leroad Special Vehicle has evolved from a company primarily focused on OEM manufacturing—characterized by strong brand dependency and highly homogeneous products—into a growing enterprise driven by innovation. Adhering to a development philosophy centered on new product development and technological innovation, supported by channel expansion and underpinned by quality and service excellence, Leroad has continuously advanced its transformation and upgrading. After five years of steady growth, the company has gradually developed into a special-purpose vehicle manufacturer with emerging characteristics of modernization, internationalization, and brand differentiation.

At present, Leroad’s business footprint spans more than 20 countries and regions, including the United States, Japan, South Korea, Europe, Southeast Asia, the Middle East, and Africa. Its product portfolio covers a wide range of special-purpose vehicles, primarily golf carts and low-speed vehicles. The company has also established in-house capabilities in key technologies such as vehicle connectivity systems, onboard air-conditioning systems, steer-by-wire chassis technology, and AGV solutions. In parallel, Leroad has built a young, highly educated core team of management and engineering professionals with strong international backgrounds, providing a solid foundation for sustained innovation.

The newly launched golf cart series, now officially entering mass production, represents more than the introduction of a new product. It stands as a major milestone in Leroad’s development journey, reflecting a comprehensive leap forward in product philosophy, technological accumulation, and manufacturing systems.

Compared with previous models and competing products in the industry, the new series delivers comprehensive upgrades across several key dimensions:

• A refreshed design language: Featuring a clean and elegant overall silhouette, the design preserves classic golf cart elements while incorporating a highly technological integrated circular headlight design, achieving a balance between modern aesthetics and refined elegance.

• Significantly enhanced user experience: The new models adopt an all-new ergonomic design and high-comfort seating, with systematic optimization of the human-machine interface and storage space. Optional air-conditioning systems and vehicle connectivity functions further elevate driving and riding comfort.

• Outstanding performance and manufacturing quality: The series achieves industry-leading standards in key performance indicators such as climbing capability, steering response, and braking performance. At the same time, Leroad is among the early adopters in the industry to implement stringent, end-to-end quality control throughout the entire manufacturing process.

The event welcomed more than 50 guests, including end customers, business and supply-chain partners, representatives from clients and partners in South Korea and Germany, members of the engineering collaboration teams, as well as Chairman Chin JongHwa and other group executives. Attendees participated in test drives and the official launch ceremony.

During the test-drive sessions, guests gave positive feedback on the new models’ exterior design, comfort, and overall vehicle performance, while also providing valuable suggestions for further refinement.

At the launch ceremony, Chairman Qin Ronghua, together with Leroad’s core management team, presided over the ribbon-cutting for the new models and delivered a keynote speech. He fully acknowledged Leroad’s achievements over the past five years, reaffirmed the group’s firm support for Leroad’s continued development, and expressed expectations for the company to advance more steadily and further in the next five-year cycle. In addition, senior executives and partner representatives outlined the company’s strategic plans, introduced the new models, and shared their confidence in Leroad’s future growth.

The mass production launch of the new models, held in conjunction with the fifth-anniversary celebration, marks the sounding of the first clarion call as Leroad transitions from quantitative growth to qualitative transformation. Supported by new designs, new technologies, and new standards, the new series has already received positive market responses and secured orders from Southeast Asia, while test-drive activities are underway with multiple customers in Japan, South Korea, Southeast Asia, and China. As the models are rolled out on a larger scale, they are expected to further boost Leroad’s sales performance.

Looking ahead, Leroad will continue to evolve across multiple dimensions—including products, technology, services, and brand building—while steadily advancing high-quality development. We firmly believe that:

Great Products + Strong Technology + Extensive Channels + Excellent Service

will enable Leroad to achieve win-win success together with its partners and move forward steadily on the path to long-term growth.