On the evening of April 11th, ST Xinhai (002089) announced that Shaanxi Tongjia Automobile Co., Ltd., a shareholding subsidiary, signed a "New Energy vehicle purchase and Marketing Cooperation Agreement" with Xiamen Yingling Automobile Manufacturing Co., Ltd., and reached a cooperation on matters related to the purchase of van-type cold chain logistics vehicles and series models from Shaanxi Tongjia.
Data show that ST Xinhai was founded in 1997 and listed on the Shenzhen Stock Exchange in 2006. The company's business covers new energy vehicles, lithium batteries, LED chips, quantum communications, optical communications, software and other industries.
In 2016, ST Xin Hai shares in Shaanxi Tongjia and DiBico, officially entering the field of new energy electric vehicles.
Shaanxi Tongjia was founded in February 2009, is a new energy minicar, SUV, MPV, pickup research and development, production, manufacturing, sales in one of the high-tech enterprises. At present, ST Xinhai is the largest shareholder in Shaanxi Tongjia, with a shareholding ratio of 38.0699%.
DiBico, founded in 2013, is located in Fuzhou City, Jiangxi Province, with complete R & D and manufacturing capabilities in the field of power battery and energy storage system, as well as the core technology of the whole industry chain of material core, module, battery management system and battery package. Currently, ST Xinhai is DiBico's third-largest shareholder, with a shareholding ratio of 17.8571%.
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