Highly Marelli is a global automotive systems supplier that combines Highly's leading edge in new energy vehicle compressor technology and strong business network with Marelli's automotive innovation and global market expertise. The company creates a leading cabin comfort business, focused on developing world-class solutions for customers and suppliers specifically in electrification of compressors, heat pump system and heating, ventilation & air conditioning ("HVAC") systems. The company is registered in Hong Kong, China, with operational headquarters in Shanghai, China and Saitama, Japan. It has about 4200 employees, more than 30 plants and R&D institutions in the world. Our business covers Japan, China, Asia, Europe, and North America.