May 5th Asia Pacific shares to start before the start

On May 5, Zhejiang Asia Pacific Electrical Co., Ltd. (hereinafter referred to as the "Asia Pacific shares") and Shenzhen Kai, a digital technology Co., Ltd. (hereinafter referred to as "before to start a") signed the investment agreement of intent ", to increase equity investment 279 million yuan, after obtaining the capital to start a 15% stake.

Asia Pacific shares is the domestic brake system leader, over the years in the field of basic brake and electronic aided brake research for its intelligent driving to enter the car a certain foundation. At present the company's automotive electronic stability control system (ESC) have been successfully developed, and fully active braking function of the ESC is one of advanced driver assistance systems and unmanned systems the most important active safety based module.

Before the start of the creation of a full vehicle advanced driver assistance system products and full set of solutions, including hardware, software, algorithms and customized service company.

The former to Kai Chong for long-term strategic investment, is conducive to the Asia Pacific shares of the layout of the field of intelligent vehicle, expand the new business segments and with the original brake system business formation good complementary relationship.

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