Brief introduction of Suzhou Zhihua automobile electronics co., ltd.

The 14th meeting of the second board of directors of Jiangsu Yatai Light Alloy Technology Co., Ltd. (hereinafter referred to as "the company") held on February 30th, 20 1 65438 deliberated and passed the Proposal on Establishing a New Subsidiary: it was agreed that the company would invest its own funds with Suzhou Huaye Automobile Technology Development Co., Ltd. and Beijing Zhihuaxin Automobile Electronic Technology Development Co., Ltd./kloc-0. 5 million yuan, 4.9 million yuan and 6,543.8+10,000 yuan invested a total of 20 million yuan to set up Suzhou Zhihua Automotive Electronics Co., Ltd. to invest in automotive safety electronic products projects.