After the top management of the Krypton brand was adjusted, the channel also began rapid transformation. The reporter learned that Jikrypton, which previously used a direct management model on the channel, introduced a partner model to fill the gap in the channel layout in the sinking market and accelerate the achievement of this year's sales target. According to our understanding, the core of the Krypton partnership model is an agency system; it is not a traditional dealer model. Partners mainly provide sales, delivery, and after-sales services for users. Users still place orders and invoices through the official Krypton app to maintain order-based production. Regardless of whether it is a directly-operated or partner store, the Krypton vehicles sold have uniform retail prices throughout the country, and the service standards and user experience of the stores are consistent. In terms of future channel development strategy planning, Kykrypton will adopt a “direct management as the main focus and partner model as a supplement” model.

After the top management of the Krypton brand was adjusted, the channel also began rapid transformation. The reporter learned that Jikrypton, which previously used a direct management model on the channel, introduced a partner model to fill the gap in the channel layout in the sinking market and accelerate the achievement of this year's sales target. According to our understanding, the core of the Krypton partnership model is an agency system; it is not a traditional dealer model. Partners mainly provide sales, delivery, and after-sales services for users. Users still place orders and invoices through the official Krypton app to maintain order-based production. Regardless of whether it is a directly-operated or partner store, the Krypton vehicles sold have uniform retail prices throughout the country, and the service standards and user experience of the stores are consistent. In terms of future channel development strategy planning, Kykrypton will adopt a “direct management as the main focus and partner model as a supplement” model.