Zheng Quan Shi Bao Wang·2025-04-06 11:42Core Viewpoint - The strategic cooperation between Huada Technology and Feilong Co., aimed at enhancing their positions in the rapidly growing electric vehicle and AI computing markets, is a significant step in deepening the company's layout in the new energy industry [1][2]. Group 1: Strategic Cooperation - Huada Technology and Feilong Co. signed a Strategic Cooperation Framework Agreement to achieve collaborative development in the fields of thermal management for electric vehicles, energy storage, and data centers [1][2]. - The partnership will leverage Feilong's strong R&D capabilities and customer base in new energy thermal management components, while Huada Technology will contribute its expertise in stamping, profiles, and die-casting [1][2]. - Both companies will jointly develop core components and integrated solutions, with potential joint investments to expand market share and respond to rapidly changing customer and market demands [1][2]. Group 2: Development Focus - Feilong Co. will support Huada Technology in developing intelligent AI casting temperature control systems and related fields, while Huada Technology will assist Feilong in the thermal management sector for electric vehicles and energy storage [2]. - A joint team will be established to accelerate project development, with intellectual property rights for thermal management products belonging to Feilong and those for stamping and related technologies belonging to Huada Technology [2]. Group 3: Market Position and Performance - Huada Technology's main business involves the development and production of automotive parts, establishing stable partnerships with major domestic automakers [2]. - The company has been actively expanding its customer base among leading domestic brands and new energy clients, achieving positive results from its customer transformation strategy [3]. - In the first three quarters of 2024, Huada Technology's revenue from new energy vehicle components reached 1.193 billion yuan, accounting for 35% of the company's total revenue [3].