On July 1, 2024, Tianjin Lishen Battery Co., Ltd. and Datang NXP (DaEnXinyuan) Semiconductor Co., Ltd. signed a strategic
cooperation agreement. Representatives from both parties attended the ceremony, including Lishen General Manager Zhang Qiang,
Vice President of the R&D Center Zhang Yinfeng, Datang NXP General Manager Zhu Xunqing, and Deputy General Manager Chen Jian.
This cooperation not only marks the deep integration of both parties in the new energy vehicle battery industry, but also
represents a common vision and effort for the new era of new energy vehicles in the future. This cooperation will fully
leverage the strengths of both parties, jointly explore new opportunities in the new energy vehicle market, and promote
the green, intelligent, and sustainable development of the automotive industry.
Tianjin Lishen Battery Co., Ltd. is committed to providing competitive and scenario based power and energy storage battery system
solutions for the new energy industry, including battery cells, modules, BMS, and PACK. It is a company with battery systems
as its core, extending upstream to key links such as mineral raw materials, battery positive and negative electrode materials,
and downstream to industries such as electric vehicles, energy storage power stations, and power battery cascade utilization,
forming a business blueprint for the integration of the entire industry chain.
Datang NXP (DN Xinyuan) Semiconductor Co., Ltd. is positioned in battery management, motor drive, and related integrated
circuit design for new energy vehicles. It focuses on researching and selling advanced specialized automotive electronic
chips using high-performance mixed signal technology, and is committed to becoming a leading global automotive semiconductor
company. The company hopes to become a leader in the electric vehicle and industrial energy storage system markets by
adding unique value to customers through market disruptive innovative products based on proprietary technology and knowledge.
Both parties will carry out in-depth cooperation based on "smart battery cells", "cooperative development and application
promotion of energy storage and automotive BMS platform products", "EIS testing fixtures for production lines", "special
technology projects" and other aspects. Based on the common interests of both parties, they will continuously explore
new areas and directions of cooperation, jointly create differentiated and innovative power battery products, and promote
the safety improvement of new energy power batteries and the independent controllability of key core chips.