FingerMotion's Subsidiary JiuGe Technology and Qingling Motors Collaborate on Advancing Intelligent Vehicle Solutions
- Strategic partnership with established automotive manufacturer Qingling Motors expands FingerMotion's reach into the intelligent vehicle market
- Joint technical taskforce establishment could accelerate product development and innovation
- Potential for international market expansion and new revenue streams through remote service ecosystems
- Intellectual property sharing agreement could create long-term value for both companies
- No specific financial terms or revenue projections disclosed
- Timeline for product development and market launch not specified
- Potential high development and implementation costs not addressed
Insights
FingerMotion partners with Qingling Motors to develop intelligent commercial vehicle systems, expanding into new market segments with uncertain timeline.
This partnership between FingerMotion's subsidiary JiuGe Technology and Qingling Motors represents a strategic expansion into the intelligent vehicle solutions market. The collaboration establishes a clear division of responsibilities - Qingling handling physical vehicle components while JiuGe contributes system integration and software development capabilities.
The companies are targeting high-value commercial sectors, specifically logistics and emergency response applications, which typically have specialized requirements and potentially higher margins than consumer vehicles. The formation of a joint technical taskforce indicates a structured approach to development, though no specific timeline or financial projections are provided.
What's particularly notable is the focus on shared intellectual property development, suggesting a long-term strategic relationship rather than a simple vendor arrangement. This could create valuable proprietary technology assets for FingerMotion while extending their technology capabilities beyond their existing mobile services foundation.
However, the announcement lacks concrete details regarding product specifications, commercialization timeline, or financial terms. The intelligent vehicle technology space is already crowded with established competitors, raising questions about differentiation. While this represents a potentially promising market expansion, the early-stage nature of the collaboration and absence of financial projections suggest the material impact remains uncertain in the near term.
Singapore, Singapore--(Newsfile Corp. - June 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data, and technology company, is pleased to announce that its subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology"), is working with Qingling Motors Group Co., Ltd. ("Qingling Motors") to co-develop next-generation intelligent vehicle solutions aimed at enhancing efficiency and sustainability in commercial mobility.
The joint effort focuses on delivering smarter, more responsive technologies for high-demand sectors such as logistics and emergency response. Qingling Motors will oversee vehicle design, chassis engineering, prototype production, and compliance with industry regulations. JiuGe Technology will provide its strengths in system integration and software development, enabling the integration of smart technologies into vehicle platforms.
To support the initiative, a joint technical taskforce has been established to accelerate innovation, streamline product development, and reduce time-to-market. The collaboration emphasizes mutual knowledge exchange and shared development of intellectual property, setting the foundation for long-term growth in the intelligent mobility space.
This initiative positions both companies to lead in the digital transformation of the commercial vehicle sector, particularly in markets that require connected, adaptive, and reliable platforms. Future efforts are intended to include international market expansion and the creation of remote service ecosystems to support specialized logistics and emergency response applications.
"We see this as a major step forward in our strategy to bring advanced digital solutions to commercial transportation, particularly emergency response," said Martin Shen, CEO of FingerMotion. "JiuGe Technology's role in enabling intelligent systems compliments Qingling Motors' automotive leadership, and we're excited about the value this will deliver to enterprises and communities alike."
About FingerMotion, Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
About Qingling Motors Group Col, Ltd.
Qingling Motors, founded in 1985 and listed on the Hong Kong Stock Exchange, is a leading commercial vehicle manufacturer in China. The company brings decades of experience in chassis engineering, lightweight vehicle design, and new energy powertrains, along with an established global distribution network.
For more information on FingerMotion, visit: https://fingermotion.com/
Company Contact:
FingerMotion, Inc.
For further information e-mail: info@fingermotion.com
Phone: 718-269-3366
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com
Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255628
FAQ
What is the partnership between FingerMotion (FNGR) and Qingling Motors?
What is FingerMotion's (FNGR) role in the Qingling Motors collaboration?
What markets will the FingerMotion-Qingling partnership target?
Who leads FingerMotion (FNGR) and what is their view on the Qingling partnership?
What are the key responsibilities in the FingerMotion-Qingling partnership?
