Jiang Zhengxin, Senior Vice President of China Unicom said: "China Unicom and Continental started the strategic collaboration in 2011, and formally established Unicom Continental Intelligent Transportation Technology (Shanghai) Co., Ltd. after a long period of running-in. We hope this new joint venture can leverage the strengths between China Unicom and Continental to actively arrange the layout of the international market, build up domestic-and-international integrated service capability to provide software-and-hardware integrated solutions and operation services, and become a world leading technology-based service company in the field of automated driving and intelligent transportation."

Unicom Continental Intelligent Transportation Technology (Shanghai) Co., Ltd. - jointly invested by Continental and China Unicom Smart Connection with an equal 50 percent share - will be located in Shanghai Hongqiao Business District. It aims to develop and provide ITS solutions and Mobility Services which will better suit the dynamics of the China Market.

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