Asia-Pacific Shares: The company's EPB products are mainly supplied to Great Wall Motor, FAW Hongqi and other automakers

Jiwei network news, on January 5, Asia-Pacific shares in an institutional survey said that the company's EPB projects are increasing year by year, the company's EPB products are mainly provided to Great Wall Motors, FAW Hongqi, FAW Car, SAIC Passenger Cars, Changan Automobile, Dongfeng Passenger Cars, Zero Run and other OEMs, while dual-control double redundant EPB projects, stand-alone EPB projects, EPBi projects are in production, there are a number of models are matching calibration, the company is also actively promoting to other customers.

Asia-Pacific shares added, new energy vehicles and traditional fuel vehicle chassis is basically the same, the braking system is still the same, the company's host customers also have a number of development and production of new energy vehicles, the company can provide customers with basic braking systems, line control dynamic systems, intelligent driving systems, wheel motor systems and other related products. It said that the company will actively seize the opportunity of the development of new energy vehicles and try its best to win more customers and projects.

For the reasons for the company's participation in Elaphe, Asia Pacific shares revealed that in terms of wheel motors, Elaphe is currently one of the most leading companies in the world in the field of passenger cars, and the important technical indicators of wheel motors developed by Elaphe are the world's leading level, and the future will always maintain the forward-looking wheel motor technology.

It is understood that the wheel hub motor drive of Asia Pacific shares no longer has technical risks, durability, reliability, etc. meet the requirements of automakers, but the cost also needs to gradually decline with the batch of mass production, in order to really be listed in large quantities. At present, the first domestic wheel hub motor industry standard led by its subsidiary Elaffi Company has been officially released. Asia Pacific shares said that in the future, the company will strive to accelerate the application of wheel motors, and the company is also actively promoting wheel motor technology to major automakers, and will try its best to strive for more industrialization projects.

In terms of the growth point of future business, Asia Pacific Co., Ltd. said that as a leading enterprise in the domestic automotive brake system industry, the company has always been positioned to strive for world-class auto parts enterprises. In the future, the company will continue to expand the market coverage, and gradually realize the horizontal and vertical development of the market of the global procurement platform of the joint venture brand and the mainstream independent brand, and at the same time accelerate the market promotion and application of automotive electronic systems, intelligent driving and new energy wheel hub motor products, and will try its best to strive for more projects. The company's management will also do a good job in operation and management, improve profitability and market competitiveness, and strive to enhance the company's efficiency.

(Proofreading/Andy)