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Midea Group acquired an aggregate Kang huge new energy into the new energy automotive industry

Recently, the US group officially issued “indicative notice about the acquisition of Beijing Hekang New Energy Technology Co., Ltd. (referred to as co-Kang new energy) controlling stake”, the company will acquire new energy joint health by the US subsidiary of HVAC controlling stake, the purchase price of 740 million yuan.

After the completion of the transaction, the United States HVAC control Hiconics new energy 23.73 percent of voting rights. The United States will become an indirect controlling shareholder of the co-Kang new capacity, Mr. He Xiangjian Midea Group will become the actual controller, the company will expand into new energy automotive industry.

Hekang Beijing New Energy Technology Co., Ltd. was established in 2003 June 11, under the Beijing Zhongguancun High-tech Park, it is a professional industrial automation control and new energy equipment high-tech enterprises. Business areas covering industrial automation, new energy vehicles, energy-saving and environmental protection fields.

in the field of new energy vehicles, new co-Kang can provide new energy vehicle powertrain, motor controllers, auxiliary power systems, electric car smart charging piles and new energy car rental platform construction products and services. At present, the new energy vehicle powertrain and key components, co-Kang new energy powertrain products have complementary relationship with a number of mainstream domestic automakers and technology companies in Taiwan Hurco motor servo joint research and Northwestern universities the research and development co permanent magnet synchronous servo motor.

pointed out that the US group, co-Kang new energy business layout in business saving and environmental protection, new energy vehicles, etc., will increase the diversity of the US group business. Midea Group also provides a positive and effective exploration on the basis of new business, new models.

In fact, the US group had been early to enter the automotive industry in 2003, has acquired Airbus factory in Yunnan, Yunnan, China Aerospace Automobile Co., Ltd. and Hunan Sanxiang bus Group Co., Ltd., was achieved million units in passenger vehicle manufacturing capabilities. However, in 2008 due to poor management, the United States repairer project aborted. The acquisition of a controlling stake in the new energy joint health is concerned, it means that the US group will return to the automotive sector.

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