What is the relationship between Derun Electronics and Chongqing Meida?

Partnership. Derun Electronics announced that Chongqing Meida, a holding subsidiary, and Beam Automobile Co., Ltd. (hereinafter referred to as "Beam Automobile") formally reached a cooperation and were designated as the exclusive supplier of the "ODP Integrated Vehicle Power Management Module" project of Beam Automobile. Shenzhen Derun Electronics Co., Ltd. was established on 1989, and has a number of group holding companies, Sino-foreign joint ventures, overseas joint ventures, overseas trading companies and overseas sales and service branches.