Huguang Group provides a full range of high and low voltage wiring harnesses for Seres, with production capacity utilization rate close to full capacity

Huguan Group provides SERES with a full range of high and low voltage wiring harnesses, especially the luxury model M9, for which the company is the sole supplier. As of the first half of last year, Huguan Group's capacity utilization rate was as high as 92.65%, close to full capacity. The company's gross profit margin and net profit margin also reached 7.93% and 17.33% respectively, with the net profit margin reaching a record high.