上海汽配:拟与武汉热翼共同出资设立控股子公司

Core Viewpoint - Shanghai Automotive Parts' revenue composition for 2024 is heavily focused on the automotive parts industry, which accounts for 97.71% of total revenue, indicating a strong reliance on this sector for financial performance [1]. Group 1: Company Developments - Shanghai Automotive Parts announced plans to establish a joint venture with Hotwing (Wuhan) Intelligent Technology Co., Ltd. to develop a vehicle-mounted refrigerator business [3]. - The proposed joint venture, named Shanghai Aisi Hotwing Intelligent Technology Co., Ltd. (tentative name), will have a registered capital of RMB 20 million, with Shanghai Automotive Parts contributing RMB 12 million, representing 60% of the capital [3]. - The remaining 40% of the registered capital will be contributed by Wuhan Hotwing, amounting to RMB 8 million [3].