Marching-Power has established a strategic partnership with Broad-Ocean Motor to further strengthen

On May 30, Marching-Power has entered a co-operation agreement with Broad-Ocean Motor in the city of Zhongshan. The two parties will establish close strategic partnership through in-depth co-operation in the research and development of power discrete devices, the expansion of supply chain and market in home appliances, EV and other related fields.


According to the agreement, Broad-Ocean will use its module packaging production line and related technologies to invest in Marching-Power. In addition, the two parties will carry out technical co-operation in power discrete devices field. Broad-Ocean and Marching-Power have strong business synergy. Through this action, Marching-Power will expand its product line, accelerate product development and evolution, and improve its product competitiveness.Meanwhile, Broad-Ocean will enhance its influence in the upstream of the industrial chain.


The independence   of core power chips technology highlights the strategic significance in the context of the current sino-us trade war and "Huawei incident". The two parties will play their advantages respectively, share resources, and innovate products and services in technology driven manner to achieve win-win and high-quality growth.


Broad-Ocean Motot(SZ: 002249) is a leading enterprise in the field of electric motor and electronic control in China, whose products have significant advantages in technology and scale in the fields of home appliances and EV.


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Above is the agreement signing event of Broad-Ocean Motor chairman Lu Charles (right) and Marching-Power chairmanAllan Zhu (left)

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