I have carefully read the company's 2017 prospectus. At the beginning, the company's main business was valves, exhaust pipes, TPMS, balance blocks, automotive structural parts and sensors. The company's market share in valves, exhaust pipes and TPMS is already at the forefront of the market segment, with strong market competitiveness. The main domestic competitors listed in the article are Ningbo Siming (exhaust pipes) and Wantong Intelligent Control (valve). After so many years of development, combined with the company's non-public offering of funds, what are the company's main domestic compe

Baolong Technology: Hello, investors, thank you for your attention to Baolong Technology! The total amount of funds raised by the company's non-public offering of shares will not exceed RMB 918 million (including issuance costs), which will be mainly used for the annual production of 26.8 million automotive sensors, involving advanced production lines for automotive sensors such as MEMS pressure sensors, wheel speed sensors, light and rain sensors, visual sensors, and millimeter-wave radars. The main suppliers of sensor products are concentrated abroad, among which: TPMS are mainly Sensata, Continental, etc.; MEMS sensors are mainly Sensata, Bosch, DENSO, etc. The international suppliers of ADAS smart sensor business are mainly Continental, Bosch, DENSO, APTIV, etc.; domestic suppliers are mainly Huayu Automotive, Desay SV, etc.