Yunnei Power announced on June 9, 2015 that recently, the company and Tianjin Songzheng and Zhonghengxinxin have completed the signing of the “Financing Agreement†for the establishment of Wuxi Tongyi Automotive Power Technology Co., Ltd., which has already been completed in Huishan, Wuxi City. The Administration for Industry and Commerce handles the registration procedures for industry and commerce.
Yunnei enters new energy investment 5.1 million to establish Wuxi Tongyi
Yunnei Dynamics stated that Wuxi Tongyi Automotive Power Technology Co., Ltd. has a registered capital of 9 million yuan and the company has contributed RMB 5.1 million, accounting for 56.67% of the total. It is the controlling shareholder of Wuxi Tongyi. The establishment of the company has established a platform for Yunnei's new energy automotive powertrain applications, which is beneficial to the research and development cooperation of key technologies of the company's new energy vehicle powertrain and promotes the transformation of scientific and technological achievements to realize the company's powertrain in new energy vehicles. Promotion and application.
Yunnei Dynamics stated that this investment has taken an important step for the company to enter the field of new energy and is conducive to the healthy and sustainable development of the company, but it will not affect the company’s production, operation and performance in the short term.
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