The company's new energy vehicle business performed strongly

As of the third quarter of 2023, Xingrui Technology's new energy vehicle business revenue accounted for more than 48%. The company has successfully expanded its product line from traditional auto parts to new energy vehicle battery peripheral inlay component series, electronic control peripheral inlay component series, and smart cockpit products. The customer base is also expanding. In addition to Panasonic, it has also been recognized and designated by well-known domestic and foreign companies such as Hitachi STEMO, NIDEC, and CRRC Times.