Beijing Tianyishangjia New Material Corp.Ltd(688033) ( Beijing Tianyishangjia New Material Corp.Ltd(688033) ) announced on the evening of March 16 that the company and Beiqi Foton Motor Co.Ltd(600166) (hereinafter referred to as ” Beiqi Foton Motor Co.Ltd(600166) “) recently signed a strategic cooperation agreement to establish a strategic cooperation relationship and become a strategic partner. This cooperation agreement shall come into force after being sealed and signed by both parties, and the cooperation period is five years. The company said that the signing will help the company open the sales market of high-performance automotive carbon ceramic braking products in the field of commercial vehicles and special vehicles in the future, and enhance the company’s brand influence and core competitiveness.
As for the background of cooperation, Beijing Tianyishangjia New Material Corp.Ltd(688033) introduced that based on the highly consistent development concept between the company and Beiqi Foton Motor Co.Ltd(600166) and the characteristics of strong complementarity in the field of advanced brake composite application technology for the whole line of commercial vehicles and special vehicles, both sides are strongly willing to establish long-term strategic cooperation, give full play to their respective advantages and build a win-win cooperation between enterprises Coordinate and innovate the long-term mechanism, give full play to the synergy, promote the application of new materials and technologies in the braking field of commercial vehicles and special vehicles, and make contributions to vehicle lightweight, green environmental protection and improving vehicle safety performance.
The agreement stipulates that relying on Beiqi Foton Motor Co.Ltd(600166) brand and platform, in its formed automobile ecosystem, the company and Beiqi Foton Motor Co.Ltd(600166) will jointly design and develop the core parts of commercial vehicles and special vehicles, and promote the innovative development of commercial vehicles and special vehicles with light weight, high performance and low cost of braking materials as an important development direction. The two sides will cooperate in the field of high-performance green braking materials Give play to the overall advantages of lightweight and lightweight products in the development and application of traction vehicles Beiqi Foton Motor Co.Ltd(600166) promises to give priority to the company as the supplier of key parts on the premise of meeting the requirements of quality, system and cost.
Beijing Tianyishangjia New Material Corp.Ltd(688033) said that it would make use of its advantages in the design and manufacture of advanced materials, leading processes and composite technology, and cooperate with Beiqi Foton Motor Co.Ltd(600166) to develop, design and manufacture relevant braking products. At the same time, give full play to the advantages of integrating enterprise R & D and testing, form a series of standards that can meet the requirements of the product system from product design to product delivery, and provide a strong guarantee for subsequent product design, manufacturing, inspection and other links.
Beijing Tianyishangjia New Material Corp.Ltd(688033) said that the company has been committed to the R & D and industrial application of braking materials for many years, and has made a breakthrough in the technology of carbon ceramic brake disc products, entering the stage of industrial layout. At the same time, the company also has the capacity of mass production of brake linings, which can form a friction by-product system of disc combination.
