2016/05/17
In May 2016, Clarion Co., Ltd. (President and COO: Hidetoshi Kawamoto; hereinafter 'Clarion') will establish the joint venture company 'Wuhan 楽庭軟件技術 Co., Ltd.' (hereinafter '楽庭軟件') through joint investment with the Chinese software developer Wuhan KOTEI Informatics Co., Ltd. (Representative Director: Dunyao Zhu; hereinafter 'KOTEI'). The new company will begin trading in June.
Clarion and KOTEI have previously built a collaborative relationship through the contracting of software development for in-vehicle equipment and other activities. Aiming to strengthen its software development system in China, attract new customers and enhance its product planning capabilities, Clarion has established 楽庭軟件 in order to respond with even greater agility not only to the needs of the Chinese and wider Asian markets, but also to those of the global market.
(1)Name | Wuhan 楽庭軟件技術 Co., Ltd. |
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(2)Address | 9F, Building E2, Optical Valley E City, No.4, Software Park Middle Road, East Lake |
(3)Representative | Representative (Chairman): Hirotaka Tsushima; President (CEO): Youbo Cai |
(4)Date of | May 2016 |
(5)Paid-in capital | RMB 10 million |
(6)Investment | KOTEI: 75%; Clarion: 25% |
(7)Employees | 113 (at time of establishment) |
(8)Business activity |
Software authoring; smart device software development; software products and solutions R&D; development of internet communications technology for mobile |
(1)Company name | Wuhan KOTEI Informatics Co., Ltd. |
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(2)Representative | Dunyao Zhu |
(3)Head office address | 8F, Building E2, Optical Valley E City, No.4, Software Park Middle Road, East Lake Hi-Tech Development Zone, Wuhan, Hubei, CHINA |
(4)Established | November 2002 (as Kotei Navi and Data (Wuhan) Corporation) |
(5)Net sales | RMB 114 million |
(6)Business activity |
Provision of navigation map data authoring solutions Development and sale of navigation software Development of hardware and software for systems combining vehicle and communications technology Development of location-based service (LBS) systems Operation of data centers |
Clarion Co. Ltd. published this content on 17 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 June 2016 06:34:02 UTC.
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