On January 26, 2024, Figure Intelligent Technology Co., Ltd. and Tyco Electronics (Shanghai) Co., Ltd. signed a strategic cooperation agreement on "Resource and technology complementarization" in Zhangjiagang, Jiangsu Province, and the two sides formally established a long-term strategic cooperation relationship in the field of intelligent brake system sensors. With the "global dream" strategy as the goal, FeiG Technology rapidly promotes the development and innovation of intelligent braking systems, and accelerates the construction of "intelligent chassis braking, network connectivity, and the world's leading intelligent braking research and development system".

Figure Technology general manager Zhang Keqian, supporting director Bai Junchang, hardware development section chief Li Xiaolong, Tyco Electronics Vice president Alex

 Chin, chief technology officer Ricks Lamar F, Asia Pacific engineering Director Chang Jun, Asia Pacific sales director Dai Bin, etc., jointly attended the signing ceremony.

 Figure and Tyco together, on the basis of intelligent braking system cooperation, give full play to their respective advantages, through product, technology and other multi-level 

cooperation continues to deepen the cooperation relationship, the two sides promote each other, and jointly promote the innovation and development of intelligent braking

 system in related technologies and industries.

During the signing period, the two sides conducted in-depth exchanges on their respective brands and technical advantages, customer groups, manufacturing capabilities and 

other dimensions. Alex Chin, vice president of Tyco Electronics, said: As a rising star and future leader in the intelligent braking industry, FIGer Technology has a rich, high-quality 

product line and strong market competitiveness. Combined with Tyco's extensive sensor design capabilities, market experience in global applications and delivery scale, we look

 forward to working together as Figure's most trusted technical support and partner to develop innovative sensing solutions for the future.

Nowadays, the "new four modernizations" trend of automobiles continues to evolve, intelligent braking system is the key to achieve advanced driving assistance systems and

 autonomous driving technology, and sensors, as core components, are the basis for promoting vehicle electrification and intelligent innovation. Feig Technology focuses on 

and continues to build an intelligent brake ecological forest, has formed EPB, EHB, EMB three product lines, including EMB, 1-Box, 2-Box, disc EPB, drum EPB, RBU, ESC and

 other complete intelligent brake product layout, for different driving levels to provide customers with the most competitive bra.