ExtreMe Technologies Announces Plans to Settle with Baidu and Geely

Beijing, December 12, 2023 - ExtreMe Technologies has informed that it will initiate discussions with Baidu and Geely, aiming to reach a settlement on employee compensation by December 17.

On the morning of December 13, summer. CEO Xia One-Plain announced via an internal group message that after talks with employee representatives, the company agreed to the employees' reasonable demands and designed a communication plan for discussions with both Baidu and Geely.

A communications and implementation plan for talks with Baidu and Geely was unveiled on December 13.

The first round of dialogue took place between employees representing ExtreMe Technologies, Baidu, and Geely on December 14. The following day, the companies exchanged messages to clarify points discussed during the initial talks. This was followed by a second internal communication session within Baidu's and Geely's groups for the two companies to finalize an agreement.

A meeting between representatives of both parties and the employee union is set for December 17.