What are the competitive advantages and progress of the company’s HUD business?

Huayang Group's answer: The company has rich technical reserves for HUD products, W-HUD is constantly upgraded and iterated, ARHUD covers imaging solutions such as TFT, DLP, LCOS, and has forward-looking layouts for the development of optical waveguides, naked-eye 3D, VPD (virtual panoramic display) and other technologies. The products are technologically advanced. The company's HUD product mass production scale is at the forefront in China, and it has formed strong competitive advantages in customer resources, R&D capabilities, intelligent manufacturing, supply chain, etc., and can provide customers with more advanced, more cost-effective and more competitive product solutions and services. The company's HUD project development has made good progress. At present, multiple projects for customers such as Great Wall, Changan, Chery, GAC, Seres, Weilai, Zeekr, Lotus, Dongfeng Honda, VINFAST, etc. are under development. With the mass production of the original projects ramping up and increasing in volume, and multiple new projects in mass production in the fourth quarter of 2023, the overall growth trend is good.