Core Viewpoint - The company, Tianyouwei, specializes in the research, design, production, and sales of automotive instruments and is expanding into the smart cockpit sector, with a focus on enhancing its global market presence and product offerings [1][2]. Group 1: Business Overview - Tianyouwei primarily engages in the development and production of electronic combination instruments, full LCD combination instruments, dual-screen instruments, and other automotive electronic products and services [1]. - The company has established long-term partnerships with numerous well-known automotive manufacturers and parts suppliers, including Hyundai Motor Group, BYD, Changan Automobile, and others [1]. Group 2: Market Expansion - The company aims to increase its overseas revenue share from 47.06% in 2022 to 53.60% by 2024, indicating a strategic push for global market expansion [2]. - Tianyouwei is actively developing new products such as curved screen instruments and ultra-thin navigation screens, leveraging its relationships with major automotive manufacturers to enhance its product offerings [2][3]. Group 3: Technological Innovation - The company's core technology, composite screen technology, innovatively combines segment code screens with TFT color screens to achieve near full-color display effects, providing a cost-effective alternative to traditional TFT screens [3]. - This technology allows for customized instrument shapes while maintaining high display quality, thus broadening the product range available to customers [3]. Group 4: International Operations - Tianyouwei's subsidiary in Mexico has generated revenue of 370 million yuan since its establishment in 2022, with plans for a modern, automated factory projected to cost 55 million USD [4]. - The new facility is expected to enhance service capabilities in the Americas and Europe, reduce delivery times, and lower transportation costs, thereby strengthening the company's competitive edge in the global automotive electronics market [4].