Olympian Technology: The company does not rule out the layout of new energy vehicle charging piles and other products through research and development or investment and mergers and acquisitions

Jiwei Network News On January 27, Olympian Technology said on the interactive platform that the company has paid attention to the market opportunities in the application field of new energy vehicles, and has acquired 35% of the equity of Zhixin Control in 2021; if the future conditions are suitable, the company does not rule out the layout of new energy vehicle charging piles and other products through research and development or investment and mergers.

It is understood that Olympian Technology is a high-tech enterprise specializing in the design, research and development, manufacturing and sales of charging and storing products for intelligent terminals such as chargers. In the field of mobile phone chargers, Olympian Technology has successfully established long-term and stable cooperative relations with well-known customers at home and abroad, including Xiaomi, Huawei, Glory, vivo, OPPO, TRANSSION, MOTO and other well-known mobile phone brands, and the customer groups cover many countries and regions around the world.

In the field of wireless chargers, in recent years, it has successively supplied wireless chargers for international customers such as Murphy, Best Buy, and Google, and won the Qualcomm wireless fast charging technology certification issued by UL in 2021. The company has made a strong breakthrough in the field of wireless chargers, and is committed to bringing a safe and portable wireless charging and storage experience to every consumer, and has provided customers with wireless charger products in the fields of high-speed rail, drones, smart homes, automotive vehicles, and smart wearables.

Previously, Olympian Technology planned to raise no more than 1.996 billion yuan, of which 1.41 billion yuan was planned to be invested in the construction of intelligent production bases for fast charging and high-power power supplies, and the rest of the fundraising projects included brand building and promotion projects, R&D center upgrading projects and supplementary working capital.

Olympian Technology said that in the mainland's major mobile phone brand manufacturers global mobile phone market share continues to increase, the smart phone charger industry towards high-power development, and the Internet of Things, cloud services and other emerging industries rapid rise in the background, the company plans through the "fast charging and high-power power intelligent production base construction project" construction, new production plants, the construction of high-power fast charging products automated production lines, and actively respond to intelligent manufacturing policy orientation, to create intelligent production bases. Thus enhancing the company's production capacity in the field of fast charging and high-power power supply, providing sufficient capacity guarantee for the expansion of the company's existing business and the development of new areas such as PC power supply, power tool power supply, server power supply, and IoT intelligent terminal power supply.

(Proofreading/New)