What is the company's current core competitiveness and industry position in sealing products? Who are its customers?

Zhongding shares answer: The automotive sealing industry is a high-tech barrier industry with extremely high reliability requirements. Dynamic sealing is a technically difficult industry, especially the high-speed oil seal of new energy vehicle motors. The company's subsidiaries, Germany's KACO, the United States' COOPER, and the United States' ACUSHNET, have internationally leading sealing system technology. The company has currently developed and mass-produced new energy battery module sealing systems and electric bridge assemblies and other products to support new energy vehicle platforms such as Volvo, Weilai, SAIC, and GAC.