Chuangyebang was informed that recently, Atech Automotive Electronics has completed a new round of financing. Investors include Dongfeng Bocom International Automobile Industry Equity Investment Fund, Fosun Chuangfu, Cornerstone Capital, October Assets, Tongchuang Weiye, Huaye Tiancheng, and CITIC Securities.
Established in Wuhu, Anhui Province in 2002, Atech is an enterprise mainly engaged in the design, development, manufacture and sale of various automotive electronic products. Atech is committed to the innovation of automotive electronic technology, with a new generation of electronic and electrical architecture and SOA concept as the core, to develop core products such as central core domain control, body controller, domain controller, Ethernet gateway, digital cockpit, etc., to build a complete car In the electronic ecological chain, more than 10 million vehicles across the country are using Etech products.
At present, the whole vehicle is divided into five domains: power domain, chassis domain, body domain, cockpit domain, and intelligent driving domain. With the continuous iterative upgrade of automobile intelligence and various functions of the whole vehicle, the demand for comfort, convenience and safety has gradually increased. According to the 2021 ranking of front-mounted BCM (body controller) suppliers in the Chinese market for passenger car front-mounted BCM (body controller) insurance coverage, Atech has entered the top three name.
Aitech has taken the lead in developing the body domain controller with the most complete integration functions in China, and has achieved a large integration of 56 functions; in the cockpit domain, it has a forward-looking layout of high computing power chip resources and leading software and hardware design and development capabilities; In the field, E-Tech, a subsidiary of E-Tech, is the first domestic company to mass-produce 77G millimeter-wave radar, and its product solutions can be fully localized starting from upstream chips.
At the same time, Atech actively expands the three-domain integration products. Based on the body domain technology, it gradually integrates the relevant functional devices and technology platforms in the cockpit domain and the intelligent driving domain through technologies such as Body Controller (BCM)/Body Domain Control (BDM). , to open up the three domains of body domain, cockpit domain, and intelligent driving domain that are most related to safety, comfort, and intelligent functions, and create a new generation of SOA-based software-defined automotive electronic and electrical architecture platform. Car cockpit, car ADAS and other functions, realize the three-domain integration of vehicle functions.
The company’s downstream customers include Chery, Great Wall, Changan, Geely, FAW Audi, Volvo, BAIC, Ideal and Xiaopeng and other well-known OEMs. The product market is broad, with annual sales of more than 10 million sets of automotive electronic products, and its own brand market share exceeds 30% .
BOCOM International believes that with the electrification and intelligent transformation of automobiles, the degree of electronics and intelligent configuration of the entire vehicle has been greatly improved, and the automotive electronics industry has begun to usher in a golden period of development. Atech is the only automotive electronics supplier in China that integrates the three series of body domain, cockpit domain and ADAS domain. The shipments of various products are firmly in the forefront of the country, with a clear moat and a large number of high-quality OEM customers. I believe that the company relies on The advanced technology and product advantages in the industry can occupy a place in the field of automotive electronics under the development trend of automotive electrification and intelligence.
Ouyang Yong, a global partner of Fosun and co-chairman of Fosun Chuangfu, said: Atech is a leading enterprise in domestic body control, intelligent cockpit and other products, and has built a new generation of automotive electronic and electrical architecture platform. Through the investment layout of several leading enterprises such as intelligent driving, fusion perception, intelligent cockpit, and core components, Fosun Chuangfu is forming the coverage of the core nodes of the intelligent automobile industry chain and connecting the intelligent automobile industry ecology.
Luo Binwen, senior director of Fosun Chuangfu Investment and project leader of Artec, said: Artec has world-class automated production capabilities and domestic leading R&D capabilities in automotive electronics. The core team has been deeply involved in the field of automotive electronics for many years, and has rich channel resources, technical accumulation and experience in major manufacturers. With the rapid growth of new energy vehicles, Etech, which can provide intelligent products, has great potential for development.
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