Guangzhou, March 14, 2022 -- Beijing Tuxin Jingwei Navigation System Co., LTD. (hereinafter referred to as "Tuxin Jingwei"), a wholly-owned subsidiary of Siwei Tuxin, has signed a technology development contract with Alpe Electronics (China) Co., LTD. (hereinafter referred to as "Alpe China") for a panoramic parking image system project. Tuxin Jingwei will develop a panoramic parking video system function for Alpert China's vehicle platform, which will be equipped with related models planned to be mass-produced by a joint-venture automaker in the Chinese market between 2024 and 2028.
ALPSALPINE China is mainly engaged in the investment, research and development and sales of Alpsalpine's automotive electronics and key parts of new energy vehicles in the Chinese market, including auto audio products and related parts, auto communication machines and auto guidance system products, auto anti-theft system, important parts of air bag system, etc. With years of development and technical accumulation, rich experience in focusing on auto parts products and strict production requirements, Alpi China has been synonymous with high quality in the industry.
Obtaining service orders from Alpie China is a full affirmation of the company's technical strength, product performance, service ability and other aspects, which will help improve the company's service ability for international automobile brand customers, further enrich the company's research and development product line, and increase the product reserve. The successful signing of this project contract is also a reflection of the company's continuous expansion of the market and deep cultivation of industrial customers. In the future, the company will continue to explore the application of related technology products in more fields, enabling customers to continue to implement competitive products, services and solutions in the field of automotive intelligence.