Jiwei Network news, on February 9, Hanwei Technology announced that in order to further expand the automotive electronic air sensor business, enrich the company's industrial ecosystem, enhance the company's comprehensive competitiveness, and effectively promote the realization of the company's long-term strategic goals, on February 9, 2022, it signed the "Capital Increase Agreement of Xinli Automotive Electronics (Taizhou) Co., Ltd." with Xinli Automotive Electronics (Taizhou) Co., Ltd. (hereinafter referred to as "Xinli Electronics") in Taizhou City, and increased the capital of Xinli Electronics by 50 million yuan with its own funds. After the completion of this capital increase, the company accounts for 18.16% of the registered capital of Xinli Electronics after the capital increase.
It is reported that Xinli Electronics parent company Xinli Technology Co., Ltd. (hereinafter referred to as "Xinli Technology") started with traditional automotive interior parts and molds, deep ploughing the automotive industry for more than 20 years, with deep technical accumulation and mature sales channels, the main customers cover the current domestic mainstream automobile manufacturers, including Great Wall, Weilai, Ideal, BYD, Xiaopeng, SAIC, Volvo, Geely, FAW, Dongfeng, General Motors, Toyota, GAC, Changan, Jianghuai, Chery, Weima, Qoros, Valeo, Air Conditioning International, Sandians, Songzhi , Xiezhong and other brands, has developed into an industry-leading enterprise, the current automotive electronic air business in hand orders full, the future will seize the opportunity of the era of new energy vehicles, become the domestic automotive electronic air products in the field of benchmarking enterprises.
Xinli Technology has the advantages of automotive OEMs channels, Hanwei Technology has automotive electronic air sensor technology, industrial chain advantages, in order to better play their respective advantages, Xinli Technology will inject automotive electronics business into Xinli Electronics, Hanwei Technology will invest money into Xinli Electronics; Xinli Electronics will become a comprehensive independent operating company that integrates the research and development, production and sales of automotive electronic air products.
Hanwei Technology pointed out that this investment is in line with the company's future strategic development plan, which will help the company open up a new industry track for air sensor applications and further improve the company's gas sensor industry chain.
(Proofreading/GY)