新坐标：公司于2017年和2018年设立新坐标欧洲和新坐标墨西哥两个全资子公司

Core Viewpoint - The company has established a global manufacturing and sales service system, with significant improvements in revenue and profitability from its wholly-owned subsidiaries in Europe and Mexico, indicating strong international customer recognition of its products and laying a solid foundation for future performance growth [1] Group 1 - The company set up wholly-owned subsidiaries, New Coordinates Europe and New Coordinates Mexico, in 2017 and 2018 [1] - The overseas revenue of the company has been continuously increasing, reflecting the positive performance in both commercial and passenger vehicle markets [1] - The ongoing growth in international markets demonstrates the high recognition of the company's products by global customers [1]