Tianhai Electronics successfully introduced strategic investors

Tianhai Electronics completed capital increase and share expansion at the Guangzhou Equity Exchange, raised RMB 900 million, and introduced four strategic investment institutions. This move will deepen the mixed ownership reform, optimize the equity structure, and enhance the company's development vitality and market competitiveness. Partners include CPE Yuanfeng, Weilai Capital, China Southern Power Grid Fund and Science and Technology Reform Fund, which will provide support to Tianhai Electronics in high-end market expansion and industrial layout. In the transformation of the global automotive industry, Tianhai Electronics will continue to optimize research and development, adhere to innovation, promote the development of new energy automotive electronics and electrical appliances, and help the rise of China's automotive industry.