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Exciting News! H&T Secured an Order Worth 1.8 Billion Yuan!

和而泰 | 2023-12-06
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Recently, H&T secured an order worth 1.8 billion yuan! H&T has signed a supply contract with the global automotive electronics giant BorgWarner, totaling 246 million euros. According to the contract, H&T will provide BorgWarner with liquid heating controller products, to be fulfilled over a period of 9 years. This contract signing fully demonstrates the advantages of H&T's products and services and is expected to make a relatively stable contribution to the company's performance.

BorgWarner, one of the top four global automotive Tier1 suppliers, is a giant in the automotive electronics industry with sales exceeding 100 billion yuan (2022 data). The company employs over 52,700 staff worldwide and has manufacturing and technical centers in nearly a hundred locations across 22 countries.


In fact, since the establishment of H&T's automotive electronics subsidiary, the company began its collaboration with BorgWarner. The following year, the company secured an order from Nidec, the world's leading brushless motor supplier and one of the top four motor suppliers globally. Over the years, H&T has acquired multiple platform-level projects, with end brands including major automakers like BMW, Mercedes-Benz, Audi, Geely, Volkswagen, and others.


The contract signing between H&T and BorgWarner represents the high recognition and full trust of international clients in the company's research, development, production, and delivery capabilities. It also signifies H&T's leading advantage in the automotive electronics controller industry. This will continuously enhance the company's core competitiveness and hold significant importance for the company's development strategy in the automotive electronics market.



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