Core Insights - Company Bangqi Power has achieved a significant milestone by becoming the first independent automotive powertrain supplier in China to produce 4 million continuously variable transmissions (CVTs) [1][2] - The company has established a global presence and is recognized as a leading innovator in the automotive powertrain sector, contributing significantly to the development of advanced manufacturing in the Nanjing Economic and Technological Development Zone [1] Group 1: Company Achievements - Bangqi Power celebrated the production of 4 million CVTs, marking a new starting point for the company [2] - The company has over 50 years of experience in the design and production of CVTs and is also involved in the development of dual-clutch transmissions (DCTs), hybrid transmissions (DHTs), and electric vehicle (EV) powertrains [2] - Bangqi Power's products are sold in various markets, including China, Southeast Asia, the Middle East, and Europe, serving numerous leading automotive manufacturers [2] Group 2: Strategic Focus - The company aims to leverage the booming Chinese electric vehicle market and focus on its core business while exploring new opportunities in emerging fields such as robotics [2] - Bangqi Power possesses a wealth of overseas expansion experience compared to many domestic component manufacturers, positioning itself to capitalize on global market trends [2] - The company is committed to maintaining a spirit of craftsmanship and utilizing its technological resources and supply chain advantages to seize development opportunities [1]