Aitek plans to raise 1.5 billion yuan for automotive electronics projects

The IPO application of Wuhu automotive electronics company Etech has been accepted by the Shanghai Stock Exchange. Etech plans to raise 1.5 billion yuan through the IPO, which will be mainly used for Etech's annual production of 5 million automotive electronics projects, the expansion of Bertech's automotive electronics production base, the construction of a research and development center, and replenishment of working capital. Etech's products and services cover multiple fields such as body domain, smart cockpit domain, power domain and smart driving domain.