Jiwei Network news, recently, Daotong Technology said in an institutional survey that the company intends to issue convertible corporate bonds to unspecified objects to raise a total of no more than 128,000.00 million yuan (inclusive), after deducting the issuance costs, the funds raised are intended to be used for the construction of Daotong Technology R&D Center and a new generation of intelligent maintenance and new energy integrated solution research and development projects (including the acquisition of 100.00% equity projects of Rainbow Technology and two projects of new generation of intelligent maintenance), supplementary working capital, etc.
According to the data, the main business of Daotong Technology is the research and development, production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic parts, and its products are mainly sold to more than 70 countries and regions such as the United States, Europe, Japan and Australia. Daotong Technology is a professional automotive intelligent diagnosis and detection, TPMS (tire pressure monitoring system), ADAS (advanced driver assistance system) products, software cloud services, new energy vehicle diagnostic testing system and intelligent charging detection system series of products integrated solution provider.
When talking about whether the electrification of the car will have an impact on the company's business, Daotong Technology said that at present, the company's comprehensive diagnostic products cover the model coverage includes new energy vehicles, and the difference between new energy vehicles and traditional fuel vehicles is mainly that the engine and wavebox have become a three-electric system, which will not directly lead to a decline in the difficulty of maintenance, thus affecting the company's competitive barriers. The company firmly grasps the opportunities and challenges brought by the new energy trend, on the one hand, combined with the needs of third-party independent maintenance stores, took the lead in expanding the continuous coverage of new energy models of comprehensive diagnostic products, on the other hand, actively laid out new energy trends to give the automotive aftermarket new opportunities in repair, maintenance, charging, power exchange and other aspects.
It is understood that with the rapid development of emerging technologies such as 5G, Internet of Things, cloud computing, and artificial intelligence towards large-scale commercialization, and the acceleration of the integration of new energy, new materials and other technologies with the automotive industry, the future automotive and automotive aftermarket industries will form a business model driven by intelligent, networked, and new energy as the carrier innovation, and reconstruct the whole value chain around new energy and intelligent network technology. The development of the new three modernizations of the automobile industry has brought challenges and opportunities to the field of diagnosis and testing in the automotive aftermarket.
For the company's future strategic layout direction, Daotong Technology said that the development of the Internet, big data and artificial intelligence technology has promoted the digital upgrading and industrial interconnection of the automotive aftermarket, and the electrification trend requires the coverage of the automobile intelligent comprehensive diagnostic products to the power system of fuel vehicles to expand the coverage of the motor, electronic control and battery system in the era of electrification, and the advanced auxiliary driving system under the intelligent trend has greatly increased the maintenance and replacement demand for various intelligent sensors while reducing the frequency of automobile collision maintenance. In the future, the company will closely focus on the development of the new three modernizations of automobiles. (Proofreading/Andy)
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