300745.SZ On November 1, 2021, the Company entered into a Shareholders' Agreement with Lear (Mauritius) Limited ("Lear Mauritius"). The company intends to use its own funds to set up a joint venture with Lear Mauritius in Shenzhen Shenzhen Shenzhen Xinrui Lear Electronic Control Technology Co., Ltd. to sell auto parts, the registered capital of the joint venture company is 2 million US dollars, of which the company subscribed to contribute 1.02 million US dollars, accounting for 51% of the registered capital of the joint venture company, lear Mauritius subscribed to contribute 980,000 US dollars, accounting for 49% of the registered capital of the joint venture company.
The announcement said that this investment is conducive to integrating Lear and the company's capabilities in advanced on-board chargers, forming complementary advantages, and further expanding the customer base of local and global automakers in the future with the help of Lear's global channels and cooperation with the company's Shanghai fully automatic factory, helping the world to achieve green mobility. It is in line with the interests of all shareholders and the company's long-term development strategy.
![Come to Mauritius for a week, the country has a lot of Chinese elements. First I met Guandi Temple in the capital Port Louis, which was really very cordial, especially for Hokkien people. Moreover, Mauri[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)