Dechang shares expand overseas markets, with major customers coming from overseas

The main customers of Dechang's home appliance business and automobile business are from overseas. In 2023, the company's export revenue reached RMB 2.157 billion, accounting for 77.73% of the total revenue. The company's customers have covered well-known domestic and foreign steering/brake system suppliers such as Nexteer, ZF, JTEKT, Shanghai Tongyu, and Shanghai Li Ke.