Agreements reached under this partnership
Joint Ventures- 1
Joint venture responsible for the development, manufacture and sale of next-generation body parts
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
| Item | Details |
|---|---|
| Name of alliance partner | 航宇智造（北京）工程技術有限公司 |
| Alliance partner's business activities | Provision of weight-reduction technologies and solutions for the aerospace, automotive and special equipment sectors |
| Alliance partner's location | Beijing Economic and Technological Development Area, Beijing, People's Republic of China |
| Alliance partner's capital | RMB 36.43 million (approximately ¥800 million) |
| Type of alliance | Joint Ventures |
| Details of the alliance | Joint venture responsible for the development, manufacture and sale of next-generation body parts |
| Overview of the joint venture | Name 航宇愛機智造（武漢）汽車有限公司 (予定) / Location Wuhan, Hubei Province, People's Republic of China / Business Description Development, manufacture and sale of automotive parts / Capital Contributions RMB 10 million (approximately ¥200 million) / Ownership ratio 航宇智造（北京）工程技術有限公司 51%, 武漢愛機汽車配件有限公司 39%, H-ONE CO., LTD. 10% |
| Ownership ratio | 航宇智造（北京）工程技術有限公司 51% / 武漢愛機汽車配件有限公司 39% / H-ONE CO., LTD. 10% |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To create synergies by combining 航宇智造's technological capabilities in weight reduction, parts integration, cost reduction and improved crash safety performance through its HMGF technology with the H-ONE Group's mass-production technology and customer proposal capabilities, thereby expanding sales channels in China and pursuing global expansion in the future.