Sensortec's performance and strategic adjustments

In 2022, Sensortech's Wuhu Sensortech and Sensortech Hebei achieved revenue of 593 million yuan and 164 million yuan, respectively, and net profits of 19.7345 million yuan and 54.7446 million yuan, respectively. However, in the first quarter of 2023, the two companies suffered losses of 9.1464 million yuan and 2.9723 million yuan, respectively. In response to the challenges, Sensortech and Hikvision Automotive Electronics conducted asset integration.