Material Agreement (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On July 22, 2026, Oyocar Group Inc., a Nevada corporation (the "Company"), entered into a Letter of Intent (the "Letter of Intent") to acquire Shanghai Zhongru Smart Energy Group ("Shanghai Zhongru"). The Letter of Intent contemplates that the Company would issue a combination of common stock and preferred stock in the acquisition. The definitive agreement is expected to be completed by approximately August 31, 2026, following the completion of certain administrative actions required by applicable Chinese law, with a closing to occur shortly thereafter.

Shanghai Zhongru, headquartered at the Shanghai International R&D Headquarters Base, specializes in the power and energy sector with water as its primary energy storage medium. With over a decade of industry expertise, the company focuses on developing electricity-to-heat conversion technologies. It serves as a comprehensive provider for energy storage, grid integration, peak shaving, and services within modem power systems; a clean energy integrator; and a manufacturer of hydro-energy storage equipment. The group has established itself as a leading contributor, innovator, and pioneer in China's new energy infrastructure initiatives.

The foregoing description of the Letter of Intent is qualified in its entirety by the full text of the Letter of Intent, which is filed as Exhibits 10.1, respectively, to, and incorporated by reference in, this Current Report.