Huguang Group becomes a core supplier of Seres, and new customers are expanding smoothly

According to the announcement of Huguan Co., Ltd., the company has become the main supplier of high and low voltage wiring harnesses for SERES M5, M7, and M9. With the launch of the new M5, the increase in sales of the new M7, and the increase in the production capacity of the M9, Huguan Co., Ltd. is expected to benefit from the sales growth of SERES and further increase the company's revenue scale and market share. At the same time, the company also successfully passed the potential supplier qualification review of vehicle manufacturers such as Zeekr, Jidu, BAIC, and Leapmotor in 2023, which will provide a high-quality customer base for the company's future development.