1. Expanding overseas markets: Wanxiang Group cooperates with American enterprises through joint ventures, and expands overseas markets and enhances international competitiveness with the help of brands, channels and resources of American enterprises.
2. Technical cooperation: Wanxiang Group conducts joint ventures and technical cooperation with American enterprises to jointly develop and produce high-end products and improve the technical level and product quality.
3. Resource integration: Wanxiang Group cooperates with American enterprises through joint ventures, integrates the resources of both sides, develops new business areas, and enhances the comprehensive strength of enterprises.
4. Cost reduction: Wanxiang Group cooperates with American enterprises through joint ventures, enjoying production costs and R&D costs, reducing enterprise operating costs and improving profitability.