Econtech has mature technologies and mass-produced products in the field of electronic control of new energy vehicles and traditional automobile engines. Its comprehensive strength ranks high in the same industry and is in an advantageous position. At present, Yikang Tyco has established stable cooperation and supply relations with many OEMs including FAW, JAC, Dongfeng and Zotye.

Yu Shuhuai, founder and CEO of Econtech, admitted frankly: "After more than ten years of rapid development in China's automotive industry, the production or assembly of domestic-funded parts and components and even the material technology have been greatly improved, but the field of automotive electronic control is basically blank. Econ's core team has been cultivating in the automotive electronic control industry for more than ten years, and is leading the industry in terms of technology and products. It has also been accepted and recognized by more and more OEMs."

For the current round of investment led by Yuanyi, Yikang Tyco values ​​Yuanyi and the financial and industrial resources behind it, which will provide a huge boost to the development of the enterprise. Yu Shuhuai revealed, "Actually, many of us Vehicle customers are also customers of Far East Horizon. We look forward to working with investors to continue to focus on the automotive electronic control industry, continue to make breakthroughs in core technologies and products, and develop rapidly in terms of customers and business scale."

According to the data, Yu Shuhuai, founder and CEO of Yikang Tyco, graduated from Tsinghua University with a 94-year automotive engineering major and has extensive industry experience. He has served as a senior executive in Beijing Tianhai Hongda, Delphi, Changchun Yikong Automotive Electronics and other companies. It is understood that with a new round of capital injection, Econtech will continue to deepen the research and development of new energy and traditional automotive electronic control, cut into more domestic independent brand core supply systems, and is expected to achieve geometric growth in orders and sales revenue.

With a new round of capital investment, Econtech will continue to deepen the research and development of new energy and traditional automotive electronic control, and cut into more core supply systems of domestic independent brands, which is expected to achieve geometric growth in orders and sales revenue.