Xiaomi Group makes strategic investment in Changzhou Jushi New Energy Technology Co., Ltd.

Xiaomi Group recently announced that it has made a strategic investment in Changzhou Jushi New Energy Technology Co., Ltd. on July 30, 2024. Changzhou Jushi was established on June 1, 2018 and focuses on the research and development, production and sales of modern precision parts. The company's products are widely used in communications, military industry, medical, 3C, industrial radiators, auto parts and other fields. Xiaomi Group hopes to cooperate with Changzhou Jushi through this investment to jointly promote the development of new energy vehicles and related industries.