Shanghai Automobile Air-(SH:603107) 智通财经网·2025-08-05 10:14Core Viewpoint - Shanghai Automotive Parts (603107.SH) plans to establish a joint venture with Wuhan Reyi Intelligent Technology Co., Ltd. to develop vehicle-mounted refrigerator business, enhancing its product structure and market competitiveness [1] Investment Details - The joint venture, Shanghai Aisi Reyi Intelligent Technology Co., Ltd., will have a registered capital of RMB 20 million, with Shanghai Automotive Parts contributing RMB 12 million (60%) and Wuhan Reyi contributing RMB 8 million (40%) [1] Strategic Importance - This investment is a significant step for the company to focus on thermal management systems, diversify its product offerings, and expand its business scope [1] - The production scale is expected to increase substantially once the vehicle-mounted refrigerator products are mass-produced, thereby enhancing the company's risk resilience and overall competitiveness [1]