Kechuang Innovation (stock code: 300731.SZ) subsidiary plans to transfer 21% equity of Ruiwei Automobile for 3.6 million yuan.

Wisdom Financial News APP, Kechuang New Source (300731.SZ) announced that its controlling subsidiary, Suzhou Ruiteke Radiator Technology Co., Ltd. (referred to as "Ruiteke"), holds 51% equity of Ruiwei Automotive Components (Chongqing) Co., Ltd. (referred to as "Ruiwei Automotive"). Ruiwei Automotive is a subsidiary of the Company's controlling subsidiary, and its main business is the research, development, production, and sales of brazing liquid cold plates. In order to continuously meet the technological innovation needs of top customers in the power battery industry, and to ensure the effective implementation of high-end and high-quality production capacity construction such as supporting Qilin Battery and Shenxing Battery products, Ruiteke plans to further focus on the business of large surface cold plates for new energy vehicle power battery cooling systems.