HAERS(SZ:002615) Ge Long Hui·2026-02-12 13:59Core Viewpoint - The company, Hars (002615.SZ), maintains long-term strategic partnerships with key clients in its OEM business, with collaborations lasting over 10 years. Recent international fluctuations and limited overseas production capacity have temporarily affected order rhythms, but demand is now rebounding as client inventory levels decrease and overseas capacity is gradually released [1] Group 1: OEM Business Performance - The OEM business is experiencing a significant improvement in orders due to a notable recovery in client replenishment demand [1] - The company has faced temporary pressure on overall orders due to adjustments in client ordering patterns influenced by international circumstances [1] Group 2: Business Expansion Strategy - The company is actively expanding its business footprint by deepening cooperation with core clients in North America, Europe, Japan, and other non-US markets [1] - Additionally, the company is accelerating its presence in differentiated regions such as the Middle East and Southeast Asia to tap into incremental demand, providing new momentum for sustained growth in the OEM business [1]