On April 9, 2024, Chongqing Lanshan Automotive Electronics Co., Ltd. (hereinafter referred to as "Lanshan Electronics") signed a cooperation framework agreement with Xinwangda Power Technology Co., Ltd. (hereinafter referred to as "Xinwangda Power"). Wen Li, Executive Vice General Manager of Xinwangda Power Automotive Electronics Division, and Li Tao, General Manager of Lanshan Electronics, attended and signed a cooperation agreement as representatives of both companies. According to the agreement, both parties will engage in comprehensive and in-depth cooperation in multiple fields such as BDC and BCM in the future, jointly promoting the vigorous development of the automotive electronics industry.
At the signing ceremony, Li Tao, General Manager of Lanshan Electronics, stated that Lanshan Electronics is a supplier of automotive grade MCUs and power chips. Xinwangda has mature experience and advantages in key core technologies such as power batteries, BCM, BDC, BMS, etc. The development concepts of both sides are highly compatible, with the same goal. By integrating the resources and technological advantages of both sides, we will jointly create advantageous products with industry influence and competitiveness
Wen Li, Executive Vice General Manager of Xinwangda Power's Automotive Electronics Division, stated that Xinwangda Power is a globally leading comprehensive new energy technology enterprise that integrates the production, sales, and research of battery cells, modules, BMS, and PACK. Under the trend of deep transformation in the electrification architecture of new energy vehicles, Xinwangda Power and Lanshan Electronics have formed a partnership to target the future needs of automobiles, carry out multidimensional and all-round deep cooperation in areas such as BDC and BCM, jointly create highly competitive products in the market, and provide customers with innovative products and solutions
The achievement of this cooperation agreement not only marks the formal confirmation of deepening commercial mutual trust and expanding mutually beneficial partnership between the two enterprises, but also demonstrates the firm determination of both parties to pursue technological innovation and industrial upgrading together. Looking ahead to the future, through the open resources and mutual empowerment of both parties, Xinwangda Power and Lanshan Electronics will deepen their cooperation, explore more areas of cooperation together, and contribute more strength to the development of the industry.
About Lanshan Electronics
Chongqing Lanshan Automotive Electronics Co., Ltd. was established in 2022. It is a high-tech enterprise focused on promoting the high-quality development of the two pillar industries of automobiles and electronic information in response to the call of the Party Central Committee in Liangjiang New Area, Chongqing. The company focuses on providing customers with high-performance and high reliability automotive chips, with a full scenario and ecological layout, accelerating the upgrading of safety, stability, electrification, and intelligence in the automotive industry. The company is committed to becoming a leading domestic and world-class automotive semiconductor enterprise, striving to fulfill its corporate mission of "green and safe travel, smart chip creating the future".
About Xinwangda Power
Xinwangda Power was born from Xinwangda, a leading brand in the global lithium-ion battery field with nearly 30 years of history. It is a globally leading comprehensive new energy technology enterprise that integrates the production, sales, and research of battery cells, modules, BMS, and PACK. Xinwangda Power upholds the mission of "innovation drives progress in the new energy world", adheres to the "three in one" business strategy of "full industry chain layout, global business deployment, and full life cycle management", deepens cooperation in the upstream and downstream of the industry chain, creates a "symbiotic win-win" industrial ecological chain, and establishes a product joint development mechanism with customers to launch competitive and scenario based power battery solutions and energy storage cells. Xinwangda Power's automotive electronics business provides stable and reliable electronic system solutions for the global automotive industry, helping to drive future changes in the automotive industry.
