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SmartTrans!enters!China logistics market!with contract!with Yanfeng Visteon Automotive – a!major!subsidiary!of!China’s!largest!auto!manufacturer!
• SmartTrans!signs contract!with auto!components!giant!Yanfeng!Visteon!Automotive, major!subsidiary!of! China’s!largest car!manufacturer¹
• Yanfeng Visteon to!utilise!SMA’s!proven!and!established!logistics!software!for!new!connected!vehicle!project
• Exposure!to!fastFgrowing!connected!car!sector!– worldwide revenue!of!US$149!billion!predicted!by!2020²
• Partnership represents!a!significant!step!in!SmartTrans!diversifying!and!growing!its!revenue!in!China
• Immediately!revenue!generating!F SmartTrans will!earn!revenue!from!an!upfront!payment!and!via!monthly! per!unit!licensing!fees
• SMA!and! Yangfeng Visteon also!assessing!afterFmarket! opportunities! for! sale of!logistics! software! systems! into!commercial!vehicles!
• Recent!$5.5m!capital!raising!allows!SMA!to!fast!track!growth!of!both!SmartPay!and!logistics!business!in!China!
Ann: SMA expands logistics business into China, page-2
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