Xingyu shares announced on the evening of May 23 that on May 20, 2016, Xingyu shares and Wuhu Kaiyi Automobile Co., Ltd. signed a "Strategic Cooperation Agreement" in Changzhou.
According to the announcement, Xingyu has developed LED intelligent lighting system as a leading domestic lighting product design and manufacturing enterprise. The system includes intelligent image recognition device and LED intelligent headlights, which can realize the headlight type according to the road conditions. Autonomous transformation, to make up for the dark area of ​​low beam illumination, to avoid high beam glare. Based on the mutual optimism of the development of intelligent lighting systems, it is planned to jointly develop LED smart headlamps to realize the nighttime intelligent and safe lighting functions of Kaiyi Automobile's next-generation passenger vehicles. The two parties signed this agreement. The area of ​​cooperation is the passenger car intelligent lighting system project. The agreement includes preliminary strategic agreement on cooperation development content, development methods, project management, and intellectual property rights.
The announcement said that the signing of the agreement will help listed companies to expand the field of smart headlamps, promote the research and development of new products of listed companies, and achieve the goal of the company's products in the direction of intelligence. However, the performance of the strategic cooperation agreement signed this time will not have a significant impact on the performance indicators of the listed company's 2016 total assets, net assets and net profit. The announcement also stated that the agreement is only intended to determine the framework content of cooperation content, cooperation methods and intellectual property rights. The specific implementation content and progress of the cooperation between the two parties are still uncertain, and may also face the risk of unsuccessful cooperation and project execution. Other risks that are uncertain.
The research report released by Ping An Securities recently indicated that Xingyu's headlight products have been upgraded in the direction of electronic and intelligent, and its AFS smart lights have been mass-produced with GAC GS4. The company researched the ADB system in 2012 and 2013, designed in 2014, and carried out reliability test from 2015 to now. Now the first generation of ADB intelligent headlight system is officially released. It is expected to be officially promoted and applied in 2017. The company's car lights are developing steadily. Advance, optimistic about the company's electronic lighting electronic transformation. Some insiders have analyzed that the abuse of high beam lights during nighttime driving can easily cause the driver to dazzle, thus causing traffic accidents. The smart car light can detect the position of other vehicles or pedestrians on the road, so that the high beam automatically creates a dark area at the corresponding position when the vehicle is in the car, so that the other party will not be dazzled and the safety of the car at night will be improved. The market prospect of this product is good. The signing of the cooperation agreement is conducive to the better development and application of the smart lamp products of the listed company, and expands the market share. It is beneficial to the improvement of the performance of listed companies in the medium and long term.
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