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It was learned from China Aerospace Science and Technology Corporation that recently, Shanghai Aerospace Automobile Electromechanical Co., Ltd., affiliated to China Aerospace Science and Technology Corporation, and South Korea's erae Corporation held a signing ceremony for the equity transaction of erae Automotive. This marks the successful completion of Aerospace Electromechanical's acquisition of the 70% equity project of erae AMS, and its global distribution of the auto parts industry has taken a solid step.
As a former member of the Delphi Group, erae AMS is a leading international company in auto parts manufacturers. It has long been a technology research and development center of Delphi Thermal Systems Asia Pacific, and its engineers have long-term experience in overseas auto parts technology development. Aerospace Electromechanical is an important operating platform for the auto parts industry of the Aerospace Science and Technology Group. It is also the only capital operation platform for listed companies in the Eighth Institute. The completion of this acquisition is of great significance for accelerating the globalization of the aerospace electromechanical auto parts industry, and for the aerospace electromechanical industry to create the thermal system industry's goal of 10 billion, which is among the top five suppliers of the global thermal system.
After the acquisition, the product systems and process capabilities of the two companies can be further integrated. Based on their respective global market layouts, the aerospace thermal system can provide complete systemized solutions and follow-up technical support, which will greatly enhance the global aerospace electromechanical system. Competitiveness.
The successful acquisition of 70% equity of Korea's erae AMS will effectively enhance the comprehensive competitiveness of aerospace electromechanical, further improve the supply capacity of aerospace electromechanical thermal system-level products, and consolidate the aerospace electromechanical thermal system technology, which will help to quickly build a global platform layout. Global supplier sequence.