Shanghai Securities News China Securities Network News Lixun Precision said in the recently released investor relations activity record table that the company does not build cars in this strategic cooperation with Chery, but cooperates with Chery to develop another new industry - to build a good car for others, that is, the vehicle ODM model, and this cooperation will also create a precedent for the global vehicle ODM business.
This strategic cooperation will rapidly develop the Tier1 business of listed companies on the basis of creating a cooperative car-making ODM model, realize dynamic entry, quickly improve the company's core components comprehensive capabilities as a Tier1 manufacturer, and quickly polish, optimize and increase in practice.
In terms of business, Chery is good at the vehicle business, the joint venture company will be led by Chery, and Luxshare Precision will coordinate in terms of business and customers.
