The company is a leading domestic non-tire rubber parts company. In recent years, the company has successively acquired overseas companies such as KACO, WEGU, AMK, and TFH, mastered core technologies such as ball joints and air supply units, and continuously accelerated the domestic implementation process. It has established domestic subsidiaries such as Anhui Jiake, Anhui Weigu, Anhui Testong, and Anmeico Anhui, forming a multi-category product layout including sealing systems, thermal management systems, lightweight business, and air suspension. What is the current profitability of these lay

Zhongding Co., Ltd.: Hello, since the company entered the air suspension system business field in the 1990s, it has continuously improved its product assembly technology, has been deeply involved in the industry for more than 20 years, and has core technologies in subdivided industries. The domestic air suspension market is in its infancy. AMK China has been accelerating the improvement of the supply chain system that optimizes the performance and cost of air suspension systems in the Chinese passenger car market. In the field of chassis lightweighting, it has the core technology of ball joint assembly. The company has been promoting the research and development and production of thermal management system products, and has its own patented exclusive production technology, the creatube process, as well as the core technology of TPV hose and nylon tube. The company's subsidiaries Zhongding Fluid and Zhongding Intelligent Thermal System lead the development of thermal management system assembly business, actively deploy the research and development and production of thermal management system assembly and core components, and have independent intellectual property rights. At the same time, the company actively promotes the domestic landing strategy of overseas corporate mergers and acquisitions. In 2023, KACO China's revenue will be 785 million yuan and its net profit will be 123 million yuan; Anhui Weigu's revenue will be 262 million yuan and its net profit will be 37.3 million yuan; Anhui Tesitong's revenue will be 949 million yuan and its net profit will be 61.84 million yuan. Thank you for your attention, thank you!