Baolong Technology's traditional business has developed steadily, and the production and sales rate of TPMS and other businesses has exceeded 100%

Despite fierce market competition, Baolong Technology's traditional business still maintains a steady development trend. In particular, the capacity utilization rate of TPMS transmitters, tail pipes and hot end pipes, valves and other businesses is basically saturated, and the production and sales rate exceeds 100%. Among them, TPMS achieved revenue of 1.621 billion yuan, a year-on-year increase of 21.23%, automotive metal pipes achieved revenue of 1.117 billion yuan, a year-on-year increase of 6.23%, and valves achieved revenue of 588 million yuan, a year-on-year increase of 6.49%.