Jiwei Network news, on February 7, Asia-Pacific Shares issued an announcement that the company recently received a supplier nomination letter from China FAW Co., Ltd. and will develop and produce rear brake caliper assembly (with EPB) products for faw-hongqi new energy vehicle project as a parts development and production supplier of FAW Shares. In addition, Asia Pacific Has received a supplier nomination letter from FAW Besturn Car Co., Ltd. The announcement said that Asia Pacific Co., Ltd. will develop and produce front brake assemblies, rear drum brake assemblies and electronic parking control unit assemblies for fuel vehicle projects as parts development and production suppliers for FAW Besturn, as well as parts development and production suppliers for FAW Besturn.
The announcement shows that Asia-Pacific shares will immediately carry out follow-up work after receiving the notice and actively promote it in accordance with the requirements of the main engine factory. The above projects are not expected to have a significant impact on the revenue and profit level of Asia Pacific Shares for the current year. Actual supply may be affected by factors such as the mass production process of automobile manufacturers, market acceptance, the listing of competitive models and the macroeconomic situation, and there is uncertainty.
It is reported that the main business of Asia Pacific Co., Ltd. is the development, production and sales of automotive basic braking systems, automotive electronic control systems, intelligent driving systems, wheel hub motors and chassis systems by wire. In terms of intelligent driving, Asia Pacific Co., Ltd. is the first enterprise in China to have ADAS independent technology.
In terms of EPB products, at present, Asia-Pacific shares are mainly supplied to Great Wall Motor, FAW Hongqi, FAW Car, SAIC Passenger Vehicles, Changan Automobile, Dongfeng Passenger Vehicles, Zero Run and other OEMs, while dual-control double-redundant EPB projects, stand-alone EPB projects, EPBi projects are in production, and a number of models are being matched and calibrated, and Asia-Pacific shares are actively promoting to other customers.
In addition, most of the products of Asia Pacific Co., Ltd. can support external high-level automatic driving functions, such as ADAS product cameras, millimeter-wave radar, etc., to support the high-level automatic driving functions of OEMs or third parties; the line control dynamic products of Asia Pacific Co., Ltd. also support the high-level automatic driving functions of third parties, and can achieve brake redundancy and respond to external deceleration requests; Asia-Pacific Co., Ltd.'s wheel motor products as high-level automatic driving actuators, fast response, high control accuracy, and support for external high-level automatic driving functions.
(Proofreading/Andy)
![The latest announcement of Asia Pacific Co., Ltd.: Becoming a supplier of parts for Great Wall Motors[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)