Core Viewpoint - Tianlong Co., Ltd. has developed customized IGBT functional carrier modules for clients, which are core components of the power control unit (PCU) in new energy vehicles, and has begun mass production for Honda's next-generation hybrid vehicles [2] Group 1: Product Development - The IGBT functional carrier modules do not include chips and are specifically designed for application in new energy vehicles [2] - The company is supplying these modules to both domestic and overseas markets for Honda [2] Group 2: Client Acquisition - In the third quarter of this year, the company secured an overseas platform project for the next-generation IGBT functional carrier modules from a leading international client [2] - In November, the company received its first project designation related to IGBT from Infineon, another leading international client [2]