Core Insights - The article discusses the recent research conducted by QuanGuo Fund on Zhongrong Electric, highlighting the company's strategic developments and market expansion plans. Group 1: Company Overview - Zhongrong Electric's General Manager Liu Zhuxi shared insights on the company's development history, strategic layout, technological advantages, and future prospects during the meeting with investors [4]. - The company has upgraded the strategic positioning of its Thailand factory, which now serves as a core production base supporting global strategies, not just North American clients [3]. Group 2: Market Expansion - The company is accelerating its overseas market expansion, with a growing number of client projects across various regions and customer types, indicating a stable and long-term partnership with overseas clients [2][3]. - Zhongrong Electric aims to increase the proportion of overseas revenue to be closer to domestic revenue in the coming years, with plans to establish production capacity in Europe [3]. Group 3: New Business Areas and Product Development - The company is focusing on the data center business, responding to the growing demand driven by AI computing, and is conducting specialized research to adapt to industry needs [4]. - The incentive fuse product has transitioned from concept to mass application, particularly in the electric vehicle sector, with expectations for increased adoption due to stricter safety regulations [5]. - Zhongrong Electric is transforming from a single component supplier to a system solution provider, with advancements in relay products and integrated solutions [6][7]. Group 4: Future Strategic Vision - The company's long-term vision is to become an excellent energy protection system solution provider, developing both high-voltage and low-voltage distribution system protection solutions [8]. - Zhongrong Electric plans to enhance its technical expert team and develop advanced equipment to provide flexible solutions that meet diverse customer needs [8].