On January 10th, Derun Electronics and the German Kroschu Group signed a signing ceremony. The two parties jointly invested 10 million euros to establish Shenzhen Gaorun Technology Co., Ltd. to provide wiring harnesses for vehicle manufacturers. The joint venture will start production at the end of 2012. De Run Electronics In addition to the business of home appliance connectors, there is room for further improvement.
It is understood that Derun Electronics has focused on the field of electronic connectors and has achieved certain achievements in high-end applications such as computer connectors, automotive connectors and wiring harnesses in recent years. Derun Electronics Chairman Qiu Jianmin stated that the market has a growing demand for automotive connectors. The cooperation with Germany will have strategic significance for the adjustment of the company's product structure. DeRun Electronics will make full use of the advantages of localization.
Automotive connectors are one of the products with the highest proportion of applications in the electronic connector industry. International brand automotive connector products are currently relatively advanced in technology and have a high degree of monopoly in the high-end market. DeRun's current customers are still concentrated in domestic automakers. This cooperation will not only provide vehicle wiring harness products for domestic manufacturers, but also will jointly expand other domestic high-end customers.
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