Introduction to Yongfeng Hangsheng Electronics Co., Ltd.

Yongfeng Hangsheng Electronics Co., Ltd. was established in 2002. It is a wholly-owned subsidiary of Shenzhen Hangsheng Group with total assets of RMB 400 million and is a national high-tech enterprise. Yongfeng Hangsheng is positioned as a world-class, international vehicle sound quality solution provider and is independently controllable. It focuses on the research and development, system integration and debugging, manufacturing and sales of a full range of products such as car speakers, subwoofers, amplifiers, E-CALL, AVAS (new energy vehicle pedestrian sound alarm system); the company adheres to the business philosophy of "integrity, simplicity, and innovation", focuses on independent research and development, pioneering and innovation, and successfully develops vehicle audio systems for MPVs, SUVs, commercial vehicles, sedans, engineering vehicles, buses, new energy vehicles and other models.