(11 June 2019, Hong Kong) – Intron Technology Holdings Limited (“Intron Technology” or the “Group”; HKEX: 1760), a fast-growing automotive electronics solutions provider in China, has recently signed a co-operation agreement with CONTACT Software of Germany to introduce the world-leading CIM Database platform that will provide system support and solution services for the informatisation and upgrade of the Group’s R&D technology platform.
CONTACT Software is a German software company that offers product lifecycle management (“PLM”) and engineering collaboration systems, developed locally in Germany. With 30 years of engineering R&D and industry delivery experience serving many internationally renowned automotive electronics enterprises including Bosch, Continental, Denso and Magna, CONTACT Software has demonstrated excellence in data management and engineering collaboration solutions utilising its unique CIM Database system.
The co-operation agreement with CONTACT Software will help enhance the system building capability of the Group’s R&D technology platform and facilitate further integration of the platform in such aspects as technology R&D, project management, process control, engineering collaboration and knowledge-base management. Consequently, the Group will be able to accelerate the process of building an international R&D system as well as the optimisation of its industry technology platform.
Intron Technology has established a unique “asset-light and high-technology” business model in the China automotive electronics industry. The Group’s investment in R&D accounts for more than 5% of its sales revenue each year, exceeding the industry average. The Group has also increased its investment in personnel and resource deployment to strengthen its R&D capability, as well as made use of its flexibility, exceptional creativity and acute market sense to meet customers’ needs and achieve satisfactory business growth.
Mr Davy Luk, Chairman, Co-CEO and Executive Director of Intron Technology, said, “We are pleased to establish co-operative ties with CONTACT Software. We see R&D as the cornerstone for our business; hence, with support from CONTACT Software and its world-leading CIM Database platform, we hope to jointly build a comprehensive industry R&D technology platform that will further improve the Group’s R&D capability and consolidate our industry leadership.”
Photo: Davy Luk (second right), Chairman, Co-CEO and Executive Director of Intron Technology; Karl Heinz Zachries (third left), Founder and CEO of CONTACT Software; and Michael S. Murgai (first right), member of the Board and Director of Strategy and Operation of CONTACT Software, announce the signing of the co-operation agreement.
About Intron Technology Holdings Limited (英恒科技控股有限公司)
Intron Technology Holdings Limited is a fast-growing automotive electronics solutions provider in China focuses on providing solutions targeting critical automotive electronic components applied in New Energy, Body Control, Safety and Powertrain systems. The Group utilises its research and development and engineering capabilities to provide solutions incorporating advanced semiconductor devices to help OEMs achieve industry leading performance.