Building new Energy automobile industry chain Foshan lighting into the whole vehicle manufacturing

Last September announced the investment in Qinghai Salt Lake Resources, to enter lithium battery upstream raw material lithium carbonate Foshan lighting (000541,　　Closing price of 12.25 yuan) from the beginning, has not denied his ambition in the field of new energy vehicles, following the March this year, a lithium battery company in Hefei, Foshan lighting June 30 announced that the company has been into the entire vehicle manufacturing link. Foshan Lighting said that the company at the beginning of this year with Dongchang Motor (Shenzhen) company and Foshan speeding automobile Manufacturing Company signed an agreement to jointly develop a pure electric vehicle powertrain system (including lithium power battery, motor, electronic control system, etc.) and the prototype car production work, The three sides will jointly produce a 11.5-meter pure electric city bus, used for testing and display.　　Data show that in two partners, Dongchang Motor holding rare earth Permanent magnet motor technology, Foshan speeding is the experience of automotive manufacturing. According to the content of cooperation, Foshan lighting is responsible for the provision of prophase project research fees and product upfront production costs, the plan invests about 12 million yuan; Dongchang Motor is responsible for the design, assembly, processing, product testing and product inspection of the powertrain system of the pure electric vehicle; Foshan speeding to provide sample car body and help complete the installation of pure electric vehicles,　　Debugging。 According to the announcement, the project is progressing fairly quickly and has now entered the test stage of the prototype vehicle installation. According to Foshan Lighting Chairman Zhongxincai at the shareholder meeting at the end of May this year, the company's lithium carbonate project in Qinghai will be put into production in early July. So far in the field of new energy vehicles, Foshan lighting will formally form a lithium carbonate-lithium battery-the entire vehicle's complete industrial chain.