Original title: Weifu Hi-Tech(000581.SZ) plans to invest 150 million yuan in intelligent cockpit product head enterprise Auto Lianxian Source: Zhitong Finance

Zitong Financial App News, 000581.SZ issued an announcement that in order to actively seek external industry or R & D cooperation to help achieve the long-term strategic goal, the company plans to invest 150 million yuan in Wuxi Auto Liantian Information Technology Co., Ltd. (referred to as "Auto Liantian") with its own capital of RMB 150 million. After the completion of this transaction, the company will hold 9.32% of the equity.

Auto United World is based on the current Qualcomm 8155 Snapdragon 3 chip advanced technology route, occupies the tuyere of the domain controller intelligent cockpit and becomes the industry leader. Its current intelligent cockpit products based on the underlying platform of Bosch control technology have won a relatively leading and mature advantage in the independent brand high-end product segment, and it is also Bosch's main strategic partner for this market segment.

The company said that the current comprehensive technical value and channel value is advanced and leading, especially in the channel of passenger cars, which has the potential of coordination with the company; its main related parties play a role in promoting the company's expansion of business cooperation, and have potential industrial cooperation opportunities for the company's current related products. In addition, there is a certain uncertainty whether Auto Lianxian can quickly and continuously obtain a large number of orders from the main engine factory to ensure the hardware cost advantage and the ability of technology research and development and production management to meet the needs of customer orders.