Infineon plans to acquire 100% equity of China Hong Kong Power and invest in a wholly-owned subsidiary

Recently, Infineon Electronics (Hangzhou) Co., Ltd. announced that the company and Nanjing Microchip Investment Management Partnership (Limited Partnership), Beijing Guotai Jiaze Venture Capital Center (Limited Partnership), Suzhou Qingyan Automobile Industry Venture Capital Enterprise (limited) 14 shareholders including China Baoan Group Asset Management Co., Ltd. signed the “Share Purchase Framework Agreement” and intends to purchase 100% equity of China-Hong Kong Power held by the transferor in cash.

It is reported that China Hong Kong Power was established in 2013. It is a domestically advanced manufacturer of core components for new energy vehicles. The clean energy vehicle products developed by it are widely used in pure electric and hybrid passenger vehicles and pure electric commercial vehicles. Pure electric buses, pure electric special vehicles and other models have won the trust and cooperation of BAW New Energy, Dongfeng Nissan, Changan, Jianghuai and other domestic and foreign first-class clean energy vehicle manufacturers.

According to the agreement, Infinity will purchase the shares of China-Hong Kong Power held by the transferor by paying cash. After the transaction is completed, the company will hold 100% of the shares of China Hong Kong Power. After preliminary negotiation between the parties to the transaction, the transaction price of the underlying assets was tentatively set at 200 million yuan.

The transferor also made a performance commitment, confirming that in the 2017, 2018 and 2019 of the profit commitment period of the transaction, the net profit of China Hong Kong Power in each of the above periods is not less than 10 million yuan and 14 million yuan respectively. 20 million yuan. If the transaction is completed in 2018, the profit commitment period will be adjusted to 2018, 2019 and 2020, and the net profit of Zhonggang Power in each of the above periods will be no less than 14 million yuan, 20 million yuan and 21 million yuan respectively.

Infante said that the company's acquisition of the entire shareholding of China-Hong Kong Electric Power is conducive to the company's accelerated deployment of the new energy vehicle industry, making the company's main business bigger and stronger, in line with the interests of the company and all shareholders.

On the same day, Infante announced that in order to expand the company's new energy vehicle on-board charging products and other charging products business, the company plans to set up a wholly-owned subsidiary in Zhejiang Tonglu County: Zhejiang Yingfei Special Energy Technology Co., Ltd.

It is understood that Infineon New Energy has a registered capital of 10 million yuan. It is funded by Infinex with its own funds and is a wholly-owned subsidiary of Infinex. Its main business scope includes research, development and production of electric vehicles. Charging piles, on-board charging products and related electronic products; research and development, construction and operation of electric vehicle charging stations; sales of self-produced products and provision of technical services.

Infante said that the company's foreign investment in the establishment of Infineon's new energy will help the company to further enhance the company's brand awareness and competitiveness by virtue of its technological advantages in the field of switching power supply, and help to further expand the company's scale. Optimize the company's industrial layout, and then improve the company's competitiveness, enhance the status of the industry, and lay a good foundation for the company's long-term development.


High Voltage Laboratory Power Supplies

The LTP series laboratory high-voltage power supply is a high-voltage power supply specially designed for high-voltage laboratory applications with high precision, high stability, and low ripple output characteristics. Built in 19 inches, 2U standard chassis with designed output power at 1KW and output voltage ranges 1KV to 60KV.

High Voltage Test Power Supply Front White


After optimizing the output stability and output ripple on the basis of the 1KW high-voltage power module, the stability and ripple of the high voltage lab power supplies can reach the level at 0.1%.

The high-voltage laboratory power supply is also a constant-voltage and constant-current type high-voltage power supply. The output voltage and current can be continuously adjusted from 0 to the rated value via the added control potentiometers added to the front panel, high resolution LEDs display for output KV and mA are also added for intuitive measuring of high voltage laboratory bench.
The lab high voltage power supply is also equipped with DB9 interface as standard. Customers can apply 0-10V signals and dry contact signals to the interface according to our interface definition to achieve comprehensive control and monitoring functions on the power supply, like high voltage start / stop, output setting and reading.

The LTP series laboratory high voltage power supply is equipped with complete protection functions, which can deal with sparking, short circuit, overload, load discharge and other situations.

At present, the high-voltage laboratory power supply is mainly used in Laboratory power, High-voltage test stands, Electrostatics, Capacitor / Insulations testing and Electrophoresis applications.

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