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On June 10th, Meta Electric Appliance (Chongqing) Co., Ltd. (hereinafter referred to as "Meta"), a subsidiary of DEREN Electronics, signed a memorandum of cooperation with Changchun FAW Fusheng Group Co., Ltd. (hereinafter referred to as "Fusheng") to jointly promote the development of domestic new energy automobile industry. Zhang Xin, President of Fusheng Group, Shi Ying, Strategy and Joint Venture Manager of Fusheng New Energy Division, Qiu Jianmin, Chairman of DEREN Electronics, and Xin Chen, President of DEREN Electronics Automotive Division attended the meeting. Qiu Yang, President of DEREN Electronics, and Liu Xue, Vice President of Fusheng Group signed the contract on behalf of both parties.
At the signing ceremony, representatives of both sides indicated that they would connect high-quality resources, form complementary advantages and start a development model of "mutual benefit and win-win". According to the memo, The two sides will discuss the establishment of a joint venture company covering comprehensive solutions for electronic control systems of new energy vehicles, Focus on the markets of the three eastern provinces and North China, and develop, manufacture and deliver the whole product range technology development, manufacturing, sales services and comprehensive solutions required by customers, such as automobile power control, on-board charging module, safety and alarm sensor and automobile networking module.
DEREN Electronics has been involved in the development of European automakers for more than ten years in automotive electronics and new energy vehicles. Its products have been fully verified in large quantities for many years, and have deep technical accumulation. It is in a leading position in the industry in many aspects such as charging power, charging efficiency and integration. Meta adheres to the concept of breaking through science and technology and continuously increases investment in research and development strength and product technology. Up to now, it has 70 invention patents and 4 appearance invention patents, and 49 PCT international applications, covering more than ten countries around the world; Its laboratory has been recognized by ISO17025 "Requirements for Calibration and Testing Laboratory Capability" of European International Laboratory and passed IATF16949 International Automobile Quality Management System Certification; And obtained the key certification and A-SPICE certification from the Global Electric Vehicle Charging/Auto Parts Association.
Fusheng is a core parts company under FAW. Around the value chain of automobile industry, the company has built a diversified industrial structure with automobile parts industry as the core and post-logistics market, industrial investment and consulting services supporting and promoting each other. The main development direction in the future is new energy business.
The signing of the Memorandum of Cooperation with Fusheng aims to make full use of Meta's unique product and technical advantages, take advantage of Fusheng Group's customer and market resource advantages, combine the strengths of both parties, carry out resource sharing, form complementary advantages in the field of new energy vehicles and achieve win-win cooperation between both parties. It will also mean that the customer base of DEREN Electronics in the new energy vehicle application business will be further expanded, the products will be widely recognized by customers, and the business scale and industry status of new energy vehicle application will be further enhanced in the future.