Alter announced that it signed the "Four-Wheeled Sedan Technology Licensing Contract" with Honda, and Honda used the patented technology, related model data, drawings and other licensing companies required for the development of models it owned for the development of related models; the company developed based on the relevant technologies licensed by Honda, and the company designated partners to manufacture and sell related models, and Honda charged a commission fee according to the net income from the sales of models.
Alter's main business: research and development for new energy vehicles and fuel vehicles and other related technical services for the automotive industry
The chairman of the company is Xuan Qiwu. Xuan Qiwu, male, born in 1966, Chinese nationality, with permanent residency in Japan. Mr. Xuan Qiwu graduated from the Department of Automotive Engineering of Tsinghua University in 1987 with a bachelor's degree in engineering; In 1998, he received his Ph.D. in Engineering from Kyushu University in Japan. From July 1987 to September 1992, he was an engineer of FAW Group; From July 1998 to September 2002, he was the director of the development headquarters of Mitsubishi Motors Corporation in Japan. From September 2002 to February 2014, he served as the chairman of Jingwei All-rounder; From May 2007 to February 2012, he was the chairman of Art Co., Ltd.; Since July 2010, he has been an executive director and manager of Xi Aiyi; Since September 2010, he has been the chairman of Changchun Kaida Automotive Motor R&D and Manufacturing Co., Ltd.; Since July 2011, he has served as the chairman and general manager of Alter Chengdu; From August 2011 to December 2017, he served as an executive director of Ningbo Innova; Since November 2011, he has been the vice chairman of Northern Kaida; Since October 2013, he has been a director of Wiguart; Since November 2013, he has been a director of Liuzhou Lingte; Since December 2014, he has been the chairman of Art Yixing; Since February 2015, he has been an executive director of Jiangxi Art; Since August 2010, he has been an executive director of Alter Investments; Since July 2016, he has been the chairman of Sichuan New Energy; Since April 2016, he has been an executive director of Chongqing Art; Since April 2016, he has been an executive director of Guangzhou Alt; From July 2016 to February 2019, he served as the chairman of BAIC Taipu; From March 2014 to January 2017, he was an executive director of Shanghai Pajiang; From December 2007 to November 2016, he was the chairman of Beijing Yifeng; Director of Alter Cayman since April 2007; Since May 2010, he has been a director of Shanghai Kanai; From June 2017 to August 2018, he served as the chairman of Beijing Bingwang Automobile Industry Fund Management Co., Ltd.; Since September 2018, he has been the executive director and general manager of Wuhan Luchi, and since November 2018, he has been the executive director of Tianjin Art. Since May 2018, he has been an executive director of Shanghai Nuoang. From February 2012 to January 2019, he served as the chairman of the board of directors of the Company.
The top ten funds with heavy positions in Alter are shown in the table below:
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