The thermal management industry is upgrading from an equipment supplier to a key infrastructure for the dual-carbon and digital economy, breaking through technological barriers in four major directions: intelligence, integration, liquid cooling, and material innovation. The demand for thermal management in many fields, including new energy vehicles, energy storage, construction machinery, and AI data centers, is experiencing explosive growth.

To jointly explore cutting-edge thermal management technologies and market opportunities, Guangdong Zhengyang Sensing Technology Co., Ltd. (hereinafter referred to as "Zhengyang Technology") and Anhui Weiling Automotive Parts Co., Ltd. (hereinafter referred to as "Weiling") officially reached a deep strategic cooperation agreement, and a grand signing ceremony was held on March 24.

This signing is an important milestone for the integration of resources and collaborative progress of both parties, marking the beginning of a new chapter of deep integration and win-win development in the field of thermal management. In the future, they will join hands to innovate and jointly climb new peaks in industrial development.

Zhengyang Technology: Focused on Automotive Sensing + Thermal Management

Zhengyang Technology is a global supplier of automotive parts and assemblies, deeply involved in the field of automotive sensing and thermal management for over 20 years. It has built a full value chain capability covering R&D, manufacturing, testing, and delivery, and possesses experience in large-scale mass production of automotive-grade sensors.

The company focuses on the R&D, production, and sales of various sensors based on magnetic and ultrasonic principles, urea tank assemblies, and related components. Simultaneously, leveraging its technological and process experience in various sensors and thermal management fields, the company has developed new energy products such as liquid-cooled plates, water-cooled units, PTC heaters, pipelines, water tanks, and water valves.

From sensor software development, probe packaging, and module integration to system-level thermal management solutions, ZhengYang Technology possesses a complete independent R&D system and vertically integrated manufacturing capabilities. Its products are widely used in commercial vehicles, energy storage, construction machinery, and marine industries.

ZhengYang Technology boasts global service capabilities and high-quality customer resources. It has production bases or subsidiaries in China, the United States, Mexico, the Netherlands, India, and Thailand, continuously strengthening its advantages in rapid global customer response and localized service. Its customer network covers major global commercial vehicle OEMs, engine system suppliers, non-road mobile machinery companies, and marine enterprises, and it has obtained Tier 1 supplier qualifications from over 100 OEMs worldwide.

Welling: Focusing on Drive Systems and Thermal Management

Established in 2018, Welling Automotive Components Co., Ltd. is a core automotive parts platform under Midea Group's Industrial Technology Business Group. Leveraging Midea's electromechanical technology and large-scale manufacturing capabilities, it has experienced rapid development, with its cumulative installed capacity steadily increasing, ranking among the top in the domestic market share.

Welling focuses on key areas such as thermal management and chassis actuators for new energy vehicles. Its products include electric compressors, tubular thick-film compressors, thermal management integrated modules, EPS steering motors, electronic water pumps, electronic expansion valves, and solenoid valves. Its customer base includes emerging electric vehicle manufacturers, traditional OEMs, and international brands, and it is actively expanding into overseas markets and serving major global automakers.

Welling's main production bases are located in Hefei and Anqing, Anhui Province, China. It has completed its global production layout, with its Monterrey, Mexico plant scheduled to begin production in 2025. A Morocco base is also planned to serve Europe, providing a stable supply to global automakers.

Win-Win Cooperation: Jointly Exploring the Global Thermal Management Market

In the context of the "dual-carbon" goals and the energy revolution, clean energy is profoundly reshaping the energy supply and application landscape, becoming a core direction for the transformation and upgrading of industries such as automobiles, construction machinery, ships, energy storage, and AI data centers. This also brings vast development opportunities to the thermal management field. Developing green and low-carbon thermal management technologies, improving thermal management efficiency, and precisely achieving battery temperature control, passenger compartment air conditioning regulation, and electric drive system cooling can provide the industry with safer, more comfortable, environmentally friendly, and intelligent integrated temperature control solutions.

Through this strategic cooperation, Zhengyang Technology and Welling, leveraging their respective excellent brand strength, global pipeline resources, customer base, supply chain support, and product synergy advantages, have formally established a strategic partnership. Sharing resources and complementing each other's strengths, they will enhance equipment performance and user experience through technological innovation and product upgrades, jointly exploring the high-end thermal management market for new energy commercial vehicles, construction machinery, ships, energy storage, and AI data centers.

Win-win future

In the future, Zhengyang Technology and Welling will actively explore effective cooperation models, improve the regular mechanism for bilateral exchange and cooperation, cultivate and develop a long-term cooperative relationship, and jointly dedicate themselves to the development of the thermal management market and the transformation and application of scientific research results, creating value and a shared future.